United Bulgarian Bank sets guidance for €100 million three-year bonds at mid-swaps plus 45 bps area

By Reshmi Basu

New York, Sept. 6 - United Bulgarian Bank set initial price guidance for a €100 million offering of three-year bonds (BBB-/BBB) in the area of mid-swaps plus 45 basis points, according to a market source.

Deutsche Bank and the National Bank of Greece are joint leads for the Regulation S transaction.

The roadshow is scheduled to end on Thursday.

United Bulgarian Bank is based in Sofia and is 99% owned by National Bank of Greece.

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