By Cristal Cody
Tupelo, Miss., Feb. 4 – Oesterreichische Kontrollbank AG sold $700 million of 18-month floating-rate guaranteed global notes at par to yield Libor plus 18 basis points on Wednesday, according to an FWP filing with the Securities and Exchange Commission.
Citigroup Global Markets Inc. and J.P. Morgan Securities plc were the lead managers.
The notes (Aa3/AA+) are guaranteed by the Republic of Austria.
Oesterreichische Kontrollbank is a Wien, Austria-based financial and information services provider to exporters.
| Issuer: | Oesterreichische Kontrollbank AG (OeKB)
|
| Guarantor: | Republic of Austria
|
| Amount: | $700 million
|
| Maturity: | Aug. 10, 2017
|
| Securities: | Floating-rate guaranteed global notes
|
| Bookrunners: | Citigroup Global Markets Inc., J.P. Morgan Securities plc
|
| Coupon: | Libor plus 18 bps
|
| Price: | Par
|
| Yield: | Libor plus 18 bps
|
| Trade date: | Feb. 3
|
| Settlement date: | Feb. 10
|
| Ratings: | Moody’s: Aaa
|
| Standard & Poor’s: AA+
|
| Distribution: | SEC registered
|
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