By Rebecca Melvin
New York, Jan. 26 – Oesterreichische Kontrollbank AG (OeKB) (Aa1/AA+) priced $1.5 billion of 0.5% five-year global notes at 99.69 and a spread of Treasuries plus 15.375 basis points, according to an FWP filing with the Securities and Exchange Commission.
BofA Securities Europe SA, Citigroup Global Markets Europe AG, Deutsche Bank AG and Goldman Sachs Bank Europe SE were the underwriters.
The notes are guaranteed by the Republic of Austria.
The notes had initial price talk in the mid-swaps plus 8 bps area, according to a market source.
Vienna-based OeKB provides financial and information services to Austria’s export industry and the capital market.
| Issuer: | Oesterreichische Kontrollbank AG
|
| Guarantor: | Republic of Austria
|
| Amount: | $1.5 billion
|
| Description: | Global notes
|
| Maturity: | Feb. 2, 2026
|
| Bookrunners: | BofA Securities Europe SA, Citigroup Global Markets Europe AG, Deutsche Bank AG and Goldman Sachs Bank Europe SE
|
| Coupon: | 0.5%
|
| Price: | 99.69
|
| Spread: | Treasuries plus 15.375 bps
|
| Trade date: | Jan. 26
|
| Settlement date: | Feb. 2
|
| Ratings: | Moody’s: Aa1
|
| S&P: AA+
|
| Distribution: | SEC registered
|
| Talk: | Initial talk mid-swaps plus 8 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.
