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Portugal 10-year: Priced

EGB SYNDICATION

E4bln 10Y (Oct 20, 2034) Fixed at MS+40bps

  • Reoffer price 98.898 to yield 2.997%
  • Benchmark: DBR 2.6% 08/15/33 +86.3bps
  • Coupon: 2.875%
  • Spread set at MS+40bps (guidance was MS+41bps area)
  • Issue size: E4bln (MNI expected E3-4bln)
  • Orderbook in excess of E19.4bln (including JLM interest)
  • Maturity: 20-October-2034
  • Settlement: 11-January-2024 (T+5)
  • ISIN: PTOTESOE0021
  • Bookrunners: Banco Santander / BNP Paribas(DM/B&D) / CaixaBI / Citi / CACIB / J.P. Morgan
  • FTT: Immediately
  • Source: BBG

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