January 21, 2025 13:34 GMT
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.
From market source
85 words