By Andrea Heisinger
New York, March 2 - Oesterreichische Kontrollbank AG priced $1.25 billion of 1.75% three-year guaranteed global notes on Tuesday to yield 44.25 basis points over Treasuries, according to an FWP filing with the Securities and Exchange Commission.
The notes (Aaa/AAA/) priced at 99.959. They are non-callable.
Goldman Sachs & Co., J.P. Morgan Securities and UBS Investment Bank ran the books. Co-managers were Barclays Capital, BNP Paribas Securities, Deutsche Bank Securities and HSBC Securities.
The notes are guaranteed by the Republic of Austria.
The export and financial services company for Austrian businesses is based in Vienna.
| Issuer: | Oesterreichische Kontrollbank AG
|
| Guarantor: | Republic of Austria
|
| Issue: | Global notes
|
| Amount: | $1.25 billion
|
| Maturity: | March 11, 2013
|
| Bookrunners: | Goldman Sachs & Co., J.P. Morgan Securities, UBS Investment Bank
|
| Co-managers: | Barclays Capital, BNP Paribas Securities, Deutsche Bank Securities, HSBC Securities
|
| Coupon: | 1.75%
|
| Price: | 99.959
|
| Spread: | Treasuries plus 44.25 bps
|
| Call: | Non-callable
|
| Trade date: | March 2
|
| Settlement date: | March 9
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
© 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.
