Free Trial

MANDATE: Kingdom Of Spain EUR Benchmark Long 10-Year

EGB SYNDICATION

The KINGDOM OF SPAIN, rated A/A-/Baa1/A (stab/stab/stab/stab) (S&P/Fitch/Moody's/DBRS), has mandated Barclays, BBVA, Credit Agricole CIB, Deutsche Bank, Goldman Sachs Bank Europe SE and Santander for a new Obligacion del Estado syndicated 10-year Euro benchmark maturing on 31st October 2033. The transaction will be launched in the near future subject to market conditions. All remaining primary dealers in the Kingdom of Spain government bond market will be invited into the syndicate. The issue will be RegS Cat1, 144a eligible and contain CACs. Listing Madrid (AIAF Mercado Renta Fija). FCA/ICMA stabilisation. The target market for the Bonds is eligible counterparties, professionals and retail (all channels for distribution), each as defined in MiFID II/MiFIR.

  • Details come via a source close to the deal
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.