By Cristal Cody
Tupelo, Miss., Feb. 15 – Oesterreichische Kontrollbank AG (OeKB) priced a $100 million add-on to its floating-rate notes due Nov. 4, 2019 (Aa1/AA+) with a coupon of Libor plus 16 basis points at 100.184 on Wednesday, according to an FWP filing with the Securities and Exchange Commission.
Deutsche Bank AG, London Branch was the bookrunner.
The notes are guaranteed by the Republic of Austria.
OeKB originally sold $600 million of the notes on Oct. 27 at par to yield Libor plus 16 bps. The total outstanding now is $700 million.
Oesterreichische Kontrollbank is a special purpose bank based in Vienna, Austria.
| Issuer: | Oesterreichische Kontrollbank AG
|
| Guarantor: | Republic of Austria
|
| Amount: | $100 million reopening
|
| Description: | Floating-rate notes
|
| Maturity: | Nov. 4, 2019
|
| Bookrunner: | Deutsche Bank AG, London Branch
|
| Coupon: | Libor plus 16 bps
|
| Price: | 100.184
|
| Trade date: | Feb. 15
|
| Settlement date: | Feb. 23
|
| Ratings: | Moody’s: Aa1
|
| S&P: AA+
|
| Distribution: | SEC registered
|
| Total outstanding: | $700 million, including $600 million priced at par on Oct. 27, 2016
|
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