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Greece 15y syndicated exchange

EGB SYNDICATION
  • Spread set earlier at MS+125bp (guidance was MS+130bps area)
  • Tap Size: E3.5bln
  • Reoffer: 99.042 to yield 4.464%
  • Books closed above E13.4bln (inc JLM interest)
  • Coupon: 4.375% annual, act/act
  • Settlement: 18 July 2023 (T+5)
  • ISIN: EGR0128017747
  • JLMs: BNPP (B&D), BofA, DB, GS, JPM, NBG
  • Timing: FTT 15:15BST / 16:15CET / 17:15 EEST
The exchange raised E1.5bln (buying 2024 GGBs at par and 2025 GGBs at 93.60), with new cash accounting for E2.5bln.

Sourced via Bloomberg, Reuters and Dow Jones

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