By Christine Van Dusen
Atlanta, Jan. 14 - Romania priced a combined $2 billion of 10- and 30-year notes on Tuesday, a market source said.
The deal included $1 billion 4 7/8% 10-year notes that priced at 98.863 to yield 5.021%, or Treasuries plus 215 basis points. The notes were talked at a spread in the 220 bps area.
The second tranche totaled $1 billion 6 1/8% 30-year notes that priced at 98.209 to yield 6.258%, or Treasuries plus 245 bps. The notes were talked at a spread in the Treasuries plus 250 bps area.
BNP Paribas, Citigroup and JPMorgan were the bookrunners for the Rule 144A and Regulation S deal.
| Issuer: | Romania
|
| Amount: | $2 billion
|
| Description: | Notes
|
| Bookrunners: | BNP Paribas, Citigroup, JPMorgan
|
| Trade date: | Jan. 14
|
| Settlement date: | Jan. 22
|
| Distribution: | Rule 144A and Regulation S
|
|
|
| 10-year notes
|
| Amount: | $1 billion
|
| Maturity: | Jan. 22, 2024
|
| Coupon: | 4 7/8%
|
| Price: | 98.863
|
| Yield: | 5.021%
|
| Spread: | Treasuries plus 215 bps
|
| Price talk: | Treasuries plus 220 bps area
|
|
|
| 30-year notes
|
| Amount: | $1 billion
|
| Maturity: | Jan. 22, 2044
|
| Coupon: | 6 1/8%
|
| Price: | 98.209
|
| Yield: | 6.258%
|
| Spread: | Treasuries plus 245 bps
|
| Price talk: | Treasuries plus 250 bps area
|
© 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.
