New Issue: Romania prices €1.25 billion 3 5/8% 10-year notes at mid-swaps plus 200 bps

By Christine Van Dusen

Atlanta, April 15 - Romania priced a €1.25 billion issue of 3 5/8% 10-year notes (Baa3/BB+/BBB-) at 99.374 to yield 3.701%, or mid-swaps plus 200 basis points, a market source said.

The notes were talked at a spread in the 225 bps area.

Citigroup, ING, Societe Generale and UniCredit were the bookrunners for the Regulation S deal.

Issuer:	Romania
Amount:	€1.25 billion
Maturity:	April 24, 2024
Description:	Notes
Bookrunners:	Citigroup, ING, Societe Generale, UniCredit
Coupon:	3 5/8%
Price:	99.374
Yield:	3.701%
Spread:	Mid-swaps plus 200 bps
Price talk:	Mid-swaps plus 225 bps area
Trade date:	April 15
Settlement date:	April 24
Ratings:	Moody's: Baa3
	Standard & Poor's: BB+
	Fitch: BBB-
Distribution:	Regulation S

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