Estonia Sells EUR1 Billion in October 2032 Bond -- Update
By Emese Bartha
Estonia raised 1 billion euros ($998.6 million) in October
2032-dated bonds, drawing demand of close to twice the issue size
in a syndicated deal on Wednesday, one of the lead manager banks
The spread on the bond was set 105 basis points above mid-swaps,
while final books were in excess of EUR1.8 billion, excluding
interest from the joint lead managers, the same bank said. The
bond, which has a 4.00% coupon, was priced at 99.814, at a yield of
4.023%, the same bank said.
Lead managers of the transaction were Citi, Goldman Sachs Bank
Europe and Societe Generale.
Write to Emese Bartha at email@example.com
(END) Dow Jones Newswires
October 05, 2022 11:50 ET (15:50 GMT)
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