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NGEU syndication: Dec-29/0.45% Jul-41: Spread/size set


New Dec-29

  • Size set at E5bln
  • Books: E27bln (inc E1.8bln JLM interest)
  • Spread set at MS-11bp
  • Guidance was MS -9bps area
  • Coupon: Fixed, Ann, ACT/ACT ICMA, short first
  • ISIN: EU000A3K7MW2

0.45% Jul-41 tap

  • Size set at E3bln
  • Books: E25bln (inc E1.4bln JLM interest)
  • Spread set at MS+24p
  • Guidance was MS + 26bps area
  • ISIN: EU000A3KT6B1 (immediately fungible)

JLMs: Barclays , Credit Agricole CIB, J.P. Morgan, Morgan Stanley (B&D) and Santander

Timing: Books to close at 9:50BST / 10:50CET with allocations and pricing later today.

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