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EGB SYNDICATION: Spain 12-year ObliEi: Allocations out

EGB SYNDICATION
  • Size set at E4bln (the middle of the E3-5bln range MNI had expected)
  • Books closed in excess of E51bln (inc E4.7bln JLM interest)
  • Spread set earlier at 0.70% Nov-33 ObliEi RY + 22bps
  • HR 108%
  • Guidance was 0.70% Nov-33 ObliEi RY + 25bps area then +23bps +/-1bp WPIR
  • Maturity: 30-Nov-2036
  • Settlement: 01-Oct-2024 (T+5)
  • Coupon: Fixed, annual ACT/ACT, full first on 30-Nov-2024
  • ISIN: ES0000012O18
  • Bookrunners: CITI / CACIB / GSBE / MS (B&D/DM) / SANTAN / SGCIB
  • Timing: Hedge deadline 14:45BST / 15:45CET. Pricing shortly after.

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  • Size set at E4bln (the middle of the E3-5bln range MNI had expected)
  • Books closed in excess of E51bln (inc E4.7bln JLM interest)
  • Spread set earlier at 0.70% Nov-33 ObliEi RY + 22bps
  • HR 108%
  • Guidance was 0.70% Nov-33 ObliEi RY + 25bps area then +23bps +/-1bp WPIR
  • Maturity: 30-Nov-2036
  • Settlement: 01-Oct-2024 (T+5)
  • Coupon: Fixed, annual ACT/ACT, full first on 30-Nov-2024
  • ISIN: ES0000012O18
  • Bookrunners: CITI / CACIB / GSBE / MS (B&D/DM) / SANTAN / SGCIB
  • Timing: Hedge deadline 14:45BST / 15:45CET. Pricing shortly after.

From market source