January 28, 2025 09:39 GMT
EGB SYNDICATION: Austria dual-tranche: Spread set
EGB SYNDICATION
New 10-year Feb-35 RAGB
- Spread set at MS+48bps (guidance was MS+51bps area)
- Size: EUR benchmark (MNI expects E4.5-5.0bln including E250-500mln retention)
- Books in excess of E43bln (inc E3.05bln JLM interest)
- Maturity: 20 February 2035
- Coupon: Long first
- ISIN: AT0000A3HU25
1.85% May-49 Green RAGB tap
- Spread set at MS+78bps (guidance was MS+80bps area)
- Size: EUR benchmark (MNI expects E1.0-2.0bln)
- Books in excess of E22bln (inc E1.15bln JLM interest)
- ISIN: AT0000A2Y8G4
For both:
- JLMs: BofA Securities, Deutsche Bank, Erste Group, J.P. Morgan, Morgan Stanley and Raiffeisen Bank International
- Timing: Books to close at 10:15GMT / 11:15CET
From market source
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