April 23, 2024 08:05 GMT
EU-bond 3/20-year syndication: Final terms
EUROZONE ISSUANCE
New long 3-year EU-bond
- Spread set at MS-6bps (guidance was MS-4 bps area)
- Books in excess of E37bln (inc E6bln JLM interest)
- Tranche Size: E4bln WNG (MNI had expected E5bln)
- Maturity: 6 December 2027
- Coupon: Fixed Ann, ACT/ACT Short first coupon
- ISIN: EU000A3K4EW6
20-year 4.00% Apr-44 tap
- Spread set at MS+66bps (guidance was MS+69 bps area)
- Books in excess of E59bln (inc E6bln JLM interest)
- Tranche Size: E4bln WNG (MNI had expected E3bln)
- ISIN: EU00A3K4EL9
For both:
- Settlement: 30 April 2024 (T+5)
- JLMs: BNP Paribas/BofA Securities(DM/B&D)/Citi/LBBW/Natixis
- Timing: Books to close at 9:30BST / 10:30CET
From market source
Keep reading...Show less
81 words