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Austria 6y Green / new 30y mandate

EGB SYNDICATION
  • "The REPUBLIC OF AUSTRIA has mandated Barclays, BofA Securities, Deutsche Bank, Erste Group, J.P. Morgan and Morgan Stanley to lead manage its new Reg S/144a eligible dual-tranche EUR issue consisting of a new EUR 3bn (no-grow) 6yr Green Bond Benchmark, maturing 23 May 2029, and a new 30yr conventional Benchmark, maturing on 20 October 2053. The transaction is expected to be launched and priced in the near future, subject to market conditions."
  • MNI expects the transaction to take place tomorrow and looks for a size of E2.5-4.0bln for the 30-year RAGB.

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