February 17, 2025 11:52 GMT
ESM ISSUANCE: 10-year Feb-35 syndication: Allocations out
ESM ISSUANCE
- Size: E2bln WNG
- Books closed in excess of E8.5bln (ex JLM interest)
- Spread set earlier at MS+42bps (guidance was MS+45 area)
- HR 98% vs 2.50% Feb-35 Bund
- Maturity: 26 February 2035
- Coupon: Long first
- Settlement: 24 February, 2025 (T+5)
- ISIN: EU000A1Z99W5
- Bookrunners: BofA (DM/B&D), DB, Santander
- Timing: Hedge deacline 12:10GMT / 13:10CET
From market source
45 words