By Aleesia Forni
Virginia Beach, Feb. 3 – Oesterreichische Kontrollbank AG sold $1 billion of 1.375% five-year notes on Monday at mid-swaps plus 3 basis points, or Treasuries plus 20.25 bps, according to a market source and a FWP filed with the Securities and Exchange Commission.
The notes (Aaa/AA+/) sold in line with talk set in the mid-swaps plus 3 bps area.
Pricing was at 99.673.
Deutsche Bank Securities Inc., Goldman Sachs & Co. and HSBC were the bookrunners.
The export and financial services company for Austrian businesses is based in Vienna.
| Issuer: | Oesterreichische Kontrollbank AG
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| Guarantor: | Republic of Austria
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| Amount: | $1 billion
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| Description: | Notes
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| Maturity: | Feb. 10, 2020
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| Bookrunners: | Deutsche Bank Securities Inc., Goldman Sachs & Co., HSBC
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| Coupon: | 1.375%
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| Price: | 99.673
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| Spread: | Treasuries plus 20.25 bps, mid-swaps plus 3 bps
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| Trade date: | Feb. 3
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| Settlement date: | Feb. 10
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| Ratings: | Moody’s: Aaa
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| Standard & Poor’s: AA+
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| Price talk: | Mid-swaps plus 3 bps area
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| Distribution: | SEC-registered
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