February 11, 2025 14:55 GMT
EU-BOND SYNDICATION: 2.50% Dec-31 EU-bond / 3.25% Feb-50 Green:
EU-BOND SYNDICATION
2.50% Dec-31 EU-bond
- Reoffer: 99.049 to yield 2.654%
- Spread set at MS+37bps (guidance was: MS + 39bps area)
- Size: E6bln WNG (MNI expected E4-6bln)
- Books closed in excess of E76bln (inc E4.5bln JLM interest)
- HR 111% vs 0% Aug-31 Bund. Spot ref: 86.76 + 44.5bps
- ISIN: EU000A3L1DJ0
- Timing: TOE 14:32GMT / 15:32CET. FTT immediately.
3.25% Feb-50 Green EU-bond
- Reoffer: 98.209 to yield 3.357%
- Spread set at MS+108bps (guidance was: MS+110bps area)
- Size: E5bln WNG (MNI expected E4-6bln)
- Books closed in excess of E69bln (inc E5.5bln JLM interest)
- HR 129% vs 0% Aug-50 Green Bund. Spot ref: 51.52 + 72.2bps
- ISIN: EU000A3K4EU0
- Timing: TOE 14:29GMT / 15:29CET. FTT immediately.
For both
- Settlement: 18 February 2025 (T+5)
- JLMs: Citi / DB / HSBC / Morgan Stanley (B&D/DM) / Societe Generale
From market source
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