By Cristal Cody
Eureka Springs, Ark., April 19 – Oesterreichische Kontrollbank AG sold $2 billion of 1.125% three-year guaranteed global notes with a spread of 33.3 basis points over Treasuries on Tuesday, according to an FWP filing with the Securities and Exchange Commission.
OeKB priced the notes (Aaa/AA+) at 99.648.
Barclays, Citigroup Global Markets Inc., J.P. Morgan Securities plc and RBC Capital Markets, LLC were the lead managers.
The notes are guaranteed by the Republic of Austria.
Vienna, Austria-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: | $2 billion
|
| Description: | Guaranteed global notes
|
| Maturity: | April 26, 2019
|
| Bookrunners: | Barclays, Citigroup Global Markets Inc., J.P. Morgan Securities plc, RBC Capital Markets, LLC
|
| Coupon: | 1.125%
|
| Price: | 99.648
|
| Spread: | Treasuries plus 33.3 bps
|
| Trade date: | April 19
|
| Settlement date: | April 26
|
| Ratings: | Moody’s: Aaa
|
| Standard & Poor’s: AA+
|
| Distribution: | SEC Registered
|
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