New Issue: Poland prices $1 billion 5 1/8% 10-year notes to yield mid-swaps plus 170 bps

By Christine Van Dusen

Atlanta, April 15 - The Republic of Poland sold $1 billion 5 1/8% senior notes due April 21, 2021 (A2/A-/A-) at 98.831 to yield 5.277%, or mid-swaps plus 170 basis points, a market source said.

Citigroup, Goldman Sachs and RBS were the bookrunners for the Securities and Exchange Commission-registered notes.

Proceeds will be used for general governmental purposes and to finance borrowing requirements.

Issuer:	Republic of Poland
Amount:	$1 billion
Maturity:	April 21, 2021
Description:	Senior notes
Bookrunners:	Citigroup, Goldman Sachs, RBS
Coupon:	5 1/8%
Price:	98.831
Yield:	5.277%
Spread:	Mid-swaps plus 170 bps
Trade date:	April 14
Settlement date:	April 21
Ratings:	Moody's: A2
	Standard & Poor's: A-
	Fitch: A-
Distribution:	Securities and Exchange Commission registered

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