By Andrea Heisinger
New York, June 26 - Oesterreichische Kontrollbank AG priced $1.5 billion of 1.125% three-year global notes on Tuesday to yield mid-swaps plus 53 basis points, or Treasuries plus 76.75 bps, a market source said.
The deal went overnight after being announced on Monday.
The notes (Aaa/AA+/) were sold at 99.861. There is no call option.
BNP Paribas Securities Corp., Deutsche Bank AG, London branch, Goldman Sachs International and J.P. Morgan Securities Ltd. ran the books.
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: | $1.5 billion
|
| Maturity: | July 6, 2015
|
| Bookrunners: | BNP Paribas Securities Corp., Deutsche Bank AG, London branch, Goldman Sachs International, J.P. Morgan Securities Ltd.
|
| Coupon: | 1.125%
|
| Price: | 99.861
|
| Spread: | Mid-swaps plus 53 bps, Treasuries plus 76.75 bps
|
| Trade date: | June 26
|
| Settlement date: | July 3
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AA+
|
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