Published on 2/7/2011 in the Prospect News Emerging Markets Daily.
New Issue: Poland prices CHF 350 million 2¾% notes due 2016 to yield mid-swaps plus 130 bps
By Christine Van Dusen
Atlanta, Feb. 7 - The Republic of Poland priced CHF 350 million 2¾% notes due Feb. 25, 2016 to yield 2.853%, or mid-swaps plus 130 basis points, a market source said Monday.
BNP Paribas and Credit Suisse were the bookrunners for the bonds, which were placed among investors from Switzerland.
| Issuer: | Republic of Poland
|
| Amount: | CHF 350 million
|
| Maturity: | Feb. 25, 2016
|
| Description: | Notes
|
| Bookrunners: | BNP Paribas, Credit Suisse
|
| Coupon: | 2¾%
|
| Yield: | 2.853%
|
| Spread: | Mid-swaps plus 130 bps
|
| Trade date: | Feb. 7
|
| Settlement date: | Feb. 25
|
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