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Published on 9/9/2008 in the Prospect News Investment Grade Daily.

New Issue: OeKB prices $1.75 billion 3.125% three-year notes at Treasuries plus 82.4 bps

By Andrea Heisinger

New York, Sept. 9 - Oesterreichische Kontrollbank AG priced $1.75 billion 3.125% three-year global notes Tuesday to yield Treasuries plus 82.4 basis points, according to an FWP filing with the Securities and Exchange Commission.

The notes (Aaa/AAA/) priced at 99.937.

Bookrunners were Goldman Sachs International, J.P. Morgan Securities Ltd. and UBS Ltd.

Co-managers were BNP Paribas Securities, Citigroup Global Markets Inc., Deutsche Bank AG, London Branch, HSBC Bank plc, Morgan Stanley & Co. International and Nomura International plc.

The financial and information services provider for the export industry and capital market is based in Vienna, Austria.

Issuer:Oesterreichische Kontrollbank AG
Guarantor:Republic of Austria
Issue:Global notes
Amount:$1.75 billion
Maturity:Oct. 14, 2011
Bookrunners:Goldman Sachs International, J.P. Morgan Securities Ltd., UBS Ltd.
Co-managers:BNP Paribas Securities, Citigroup Global Markets Inc., Deutsche Bank AG, London Branch, HSBC Bank plc, Morgan Stanley & Co. International, Nomura International plc
Coupon:3.125%
Price:99.937
Spread:Treasuries plus 82.4 bps
Distribution:SEC registered
Trade date:Sept. 9
Settlement date:Sept. 16
Ratings:Moody's: Aaa
Standard & Poor's: AAA

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