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KB to Launch Inaugural Euro-Denominated 5Y Bond

CZECHIA
NEW MANDATE - KB INAUGURAL CZECH EUR COVERED BOND €€
  • Komerční banka, a.s. ("KB") has mandated Societe Generale as Global Coordinator and Joint Bookrunner, and Barclays and J.P. Morgan as Joint Bookrunners to arrange a series of fixed income investor calls commencing on 6 Jan
  • An inaugural Euro-denominated Reg S Registered 5-year benchmark fixed rate Czech mortgage covered bond offering will follow, subject to market conditions.
  • The covered bonds are expected to be rated AAA by Fitch, and to be CRR Art. 129, LCR Level 1 and ECB repo compliant.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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