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ESM ISSUANCE: New 3-year Sep-27: Priced

ESM ISSUANCE
  • Reoffer: 99.951 to yield 2.392%
  • Spread set earlier at MS+8bps (guidance was + 9 bps area)
  • Size: E2bln WNG
  • Books in excess of E3.9bln (inc E400mln JLM interest)
  • Maturity: 30 September 2027
  • Coupon: 2.375%, Annual, ACT/ACT
  • Benchmark: 1.30% Oct-27 Boble + 41.4bps (ref 98.01; HR 99%)
  • Settlement: 30 September 2024 (T+5)
  • ISIN: EU000A1Z99V7
  • Bookrunners: HSBC, Natixis and Société Générale
  • Timing: TOE 13:44BST /  12:44CET. FTT immediately
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  • Reoffer: 99.951 to yield 2.392%
  • Spread set earlier at MS+8bps (guidance was + 9 bps area)
  • Size: E2bln WNG
  • Books in excess of E3.9bln (inc E400mln JLM interest)
  • Maturity: 30 September 2027
  • Coupon: 2.375%, Annual, ACT/ACT
  • Benchmark: 1.30% Oct-27 Boble + 41.4bps (ref 98.01; HR 99%)
  • Settlement: 30 September 2024 (T+5)
  • ISIN: EU000A1Z99V7
  • Bookrunners: HSBC, Natixis and Société Générale
  • Timing: TOE 13:44BST /  12:44CET. FTT immediately
From market source