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Published on 9/4/2013 in the Prospect News Emerging Markets Daily.

New Issue: Slovakia's eustream sells €250 million add-on to 3¾% notes due 2020 at 180 bps spread

By Christine Van Dusen

Atlanta, Sept. 4 - Slovakia's eustream priced a €250 million add-on to its existing 3¾% notes due July 18, 2020 at 100.894 to yield mid-swaps plus 180 basis points, a market source said.

Citigroup, ING, JPMorgan, KBC and Erste Group were the bookrunners for the Rule 144A and Regulation S deal.

The original €500 million notes priced in July at a spread of 235 bps over mid-swaps.

The issuer is a Bratislava, Slovakia-based gas transmission company.

Issuer:eustream
Amount:€250 million
Maturity:July 18, 2020
Description:Senior notes
Bookrunners:Citigroup, ING, JPMorgan, KBC, Erste Group
Coupon:3¾%
Price:100.894
Spread:Mid-swaps 180 bps
Trade date:Sept. 3
Settlement date:Sept. 18
Distribution:Rule 144A and Regulation S
Original issue:€500 million notes priced in July at 235 bps over mid-swaps

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