Chicago, April 29 – The State of Israel sold $5 billion of 3.8% 40-year notes, according to a press release on Wednesday.
Underwriting the offering were BofA Merrill Lynch, Deutsche Bank and Goldman Sachs.
While the offering saw demand from over 300 investors from 30 countries, it was aimed primarily at Asian markets. Demand from Asian markets was over $10 billion.
The bonds were issued in response to the projected rise in the government deficit as a result of the coronavirus.
Issuer: | State of Israel
|
Issue: | Bonds
|
Amount: | $5 billion
|
Maturity: | 2060
|
Bookrunners: | BofA Merrill Lynch, Deutsche Bank and Goldman Sachs
|
Coupon: | 3.8%
|
Pricing date: | April 29
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.