New Issue: OeKB sells $1.5 billion three-year notes at Treasuries plus 8.75 bps

By Rebecca Melvin

New York, Sept. 10 – Oesterreichische Kontrollbank AG priced $1.5 billion in three-year global notes (Aa1/AA+) at Treasuries plus 8.75 basis points, according to a term sheet released Tuesday.

The 1.625% notes were priced at 99.933.

The OeKB notes are guaranteed by the Republic of Austria and were sold by joint underwriters Citigroup Global Markets Ltd., Goldman Sachs International, HSBC Bank plc and Merrill Lynch International.

Issuer:	Oesterreichische Kontrollbank AG
Guarantor:	Republic of Austria
Issue:	Global notes
Amount:	$1.5 billion
Maturity:	Sept. 17, 2022
Underwriters:	Citigroup Global Markets Ltd., Goldman Sachs International, HSBC Bank plc and Merrill Lynch International
Coupon:	1.625%
Price:	99.933
Spread:	Treasuries plus 8.75 bps
Pricing date:	Sept. 10
Settlement date:	Sept. 17
Ratings:	Moody’s: Aa1
	S&P: AA+

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