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EGB SYNDICATION: New 15-year OAT: Final terms

EGB SYNDICATION
  • Size: E10bln (MNI expected E5-8bln with upside risks of E9-10bln)
  • Books in excess of E134bln (inc E4.3bln JLM interest)
  • Note: That is a both a record deal size and record book size for a French syndication.
  • Spread set at 0.50% May-40 OAT (MID) +8bps (Guidance was +10bps area)
  • Maturity: 25 May 2042
  • Settlement: 28 January 2025 (T+5)
  • Coupon: Full first coupon on 25 May 2025
  • ISIN: FR001400WYO4
  • Bookrunners: BNPP / CACIB / HSBC / MS / SG (DM and B&D)
  • Timing: Books closed at 10:00GMT / 11:00CET. Allocations and pricing later today.
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  • Size: E10bln (MNI expected E5-8bln with upside risks of E9-10bln)
  • Books in excess of E134bln (inc E4.3bln JLM interest)
  • Note: That is a both a record deal size and record book size for a French syndication.
  • Spread set at 0.50% May-40 OAT (MID) +8bps (Guidance was +10bps area)
  • Maturity: 25 May 2042
  • Settlement: 28 January 2025 (T+5)
  • Coupon: Full first coupon on 25 May 2025
  • ISIN: FR001400WYO4
  • Bookrunners: BNPP / CACIB / HSBC / MS / SG (DM and B&D)
  • Timing: Books closed at 10:00GMT / 11:00CET. Allocations and pricing later today.
From market source