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EGB SYNDICATION: Portugal 30-year PGB: Priced

EGB SYNDICATION
  • Reoffer: 99.043 to yield 3.678%
  • Size: E3.0bln WNG (MNI had expected E3.0-4.0bln)
  • Spread set earlier at MS+115bps (guidance was MS+118bps area)
  • Books closed in excess of E10.9bln (inc E0.95bln JLM interest)
  • Maturity: 12 June 2054
  • Settlement: 29 May 2024 (T+5)
  • Coupon: 3.625% Annual, act/act, long first
  • ISIN: PTOTE3OE0025
  • Bookrunners: BBVA, BNP Paribas, BofA Securities, Deutsche Bank, NovoBanco and Santander.

Source: DJ

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  • Reoffer: 99.043 to yield 3.678%
  • Size: E3.0bln WNG (MNI had expected E3.0-4.0bln)
  • Spread set earlier at MS+115bps (guidance was MS+118bps area)
  • Books closed in excess of E10.9bln (inc E0.95bln JLM interest)
  • Maturity: 12 June 2054
  • Settlement: 29 May 2024 (T+5)
  • Coupon: 3.625% Annual, act/act, long first
  • ISIN: PTOTE3OE0025
  • Bookrunners: BBVA, BNP Paribas, BofA Securities, Deutsche Bank, NovoBanco and Santander.

Source: DJ