Published on 11/6/2015 in the Prospect News Emerging Markets Daily.
New Issue: Albania prices €450 million 5¾% notes due 2022 at 559 bps spread
By Christine Van Dusen
Atlanta, Nov. 6 – Albania priced €450 million 5¾% seven-year notes at 99.472 to yield mid-swaps plus 559 basis points on Friday, according to an announcement from the sovereign.
Deutsche Bank and JPMorgan were the bookrunners for the deal.
Issuer: | Albania
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Amount: | €450 million
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Maturity: | Nov. 12, 2022
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Description: | Notes
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Bookrunners: | Deutsche Bank, JPMorgan
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Coupon: | 5¾%
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Price: | 99.472
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Spread: | Mid-swaps plus 559 bps
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Trade date: | Nov. 6
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Settlement date: | Nov. 12
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Distribution: | Regulation S
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