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Austria triple tranche: Allocations out

EGB SYNDICATION

New 10-year

  • Maturity: 20 February 2034
  • Size: E4.5bln inc E250mln retention (MNI expected E4-6bln)
  • Books closed in excess of E28bln (inc E2.05bln JLM interest)
  • Spread set earlier at MS+22bps (guidance was MS+23bps area)
  • HR 98% vs 2.20% Feb-34 Bund
  • ISIN: AT0000A39UW5
  • Coupon: Ann ACT/ACT, long first 20Feb25
5-year May-29 Green RAGB tap:
  • Size: E1.25bn (inc E250mln retention)
  • Books closed in excess of E12bln (inc E2.85bln JLM interest)
  • Spread set earlier at MS-5bps (guidance was MS-3bps area)
  • HR 102% vs 2.10% Apr-29 Bobl
  • ISIN: AT0000A33SH3

25-year May-49 Green RAGB tap:

  • Size: E1.25bn (inc E250mln retention)
  • Books closed in excess of E24bln (inc E4.4255bln JLM interest)
  • Spread set earlier at MS+56bps (guidance was MS+59 bps area)
  • HR 95% vs 1.25% Aug-48 Bund
  • ISIN: AT0000A2Y8G4
For all:
  • Bookrunners: BARC(B&D/DM) / BofA / CITI / DB / JPM / Raiffeisen Bank International
  • Timing: Hedge deadline 14:45GMT / 15:45CET
From market source

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