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Portugal revised guidance

EUROZONE ISSUANCE

PORTUGAL - NEW 10Y PGB BENCHMARK - Revidsed Guidance MS+28A

  • ISSUER: Republic of Portugal
  • RATINGS: Baa3 / BBB / BBB / BBBH
  • FORMAT: Reg S Category 1, 144A Eligible, CAC
  • SIZE: EUR Benchmark
  • SETTLEMENT: 14-April-2021 (T+5)MATURITY: 17-October-2031
  • COUPON: Fixed, Annual ACT/ACT, Short First Coupon
  • GUIDANCE: MS+28 bps area
  • LISTING: MTS, BrokerTec, BGC Brokers and Euronext Lisbon
  • GOVERNING LAW: Portuguese Law
  • DOCS: Standalone, no contractual events of default, no tax gross up
  • DENOMS: €0.01
  • JLMs: BARCLAYS/ BBVA/ BNP/ CAIXABI/ CACIB (B&D)/ CITI
  • TGT MARKET: Retail / Professionals/ Eligible Counterparties (all distribution channels)
  • TIMING: Book's open, today's business
  • Books above EUR 35.5Bn (including EUR 2.31bn JLM demand)
  • From market source

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