September 23, 2024 12:20 GMT
ESM ISSUANCE: New 3-year Sep-27: Priced
ESM ISSUANCE
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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
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