By Christine Van Dusen
Atlanta, June 8 - The Republic of Poland sold a $1 billion add-on to its 5 1/8% notes due April 21, 2021 (A2/A-/A-) at 103.211 to yield 4.713%, or Treasuries plus 170 basis points, a market source said.
The notes priced at the low end of talk, which was set at Treasuries plus 170 to 175 bps.
Citigroup, Goldman Sachs and RBS were the bookrunners for the Securities and Exchange Commission-registered deal.
The original issue totaled $1 billion and priced on April 14 at 98.831 to yield 5.277%, or 170 bps over mid-swaps.
Issuer: | Republic of Poland
|
Amount: | $1 billion
|
Maturity: | April 21, 2021
|
Description: | Notes
|
Bookrunners: | Citigroup, Goldman Sachs, RBS
|
Coupon: | 5 1/8%
|
Price: | 103.211
|
Yield: | 4.713%
|
Spread: | Treasuries plus 170 bps
|
Trade date: | June 7
|
Settlement date: | June 14
|
Ratings: | Moody's: A2
|
| Standard & Poor's: A-
|
| Fitch: A-
|
Distribution: | Securities and Exchange Commission registered
|
Price talk: | Treasuries plus 170 to 175 bps
|
Original issue: | $1 billion priced April 14, 2011 at 170 bps over mid-swaps
|
© 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.