Nederlandse Waterschapsbank NV, or NWB Bank, is to price its euro-denominated, benchmark-sized, five-year bond at 62 basis points over midswaps, one of the banks leading the deal said Tuesday.

Initial price guidance was set between 60 and 65 basis points over midswaps.

Barclays Plc, Citigroup Inc. and Natixis SA are lead managers on the triple-A rated issue, expected to price later Tuesday.

- By Sarka Halas, Dow Jones Newswires; +44 (0) 207 842 9236; Sarka.Halasova@dowjones.com

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