Published on 10/17/2016 in the Prospect News Emerging Markets Daily.
New Issue: PKO prices €500 million 1/8% notes due 2022 at 18 bps over mid-swaps
By Christine Van Dusen
Atlanta, Oct. 17 – Poland’s PKO Bank Polski SA priced €500 million 1/8% six-year notes (Aa3) at 99.702 to yield mid-swaps plus 18 basis points on Monday, a market source said.
Deutsche Bank, JPMorgan, LBBW, PKO Bank Polski and Societe Generale CIB were the bookrunners for the Regulation S deal.
The issuer is a Warsaw-based lender.
| Issuer: | PKO Bank Polski SA
|
| Amount: | €500 million
|
| Maturity: | June 24, 2022
|
| Description: | Notes
|
| Bookrunners: | Deutsche Bank, JPMorgan, LBBW, PKO Bank Polski, Societe Generale CIB
|
| Coupon: | 1/8%
|
| Price: | 99.702
|
| Spread: | Mid-swaps plus 18 bps
|
| Trade date: | Oct. 17
|
| Settlement date: | Oct. 24
|
| Expected rating: | Moody's: Aa3
|
| Distribution: | Regulation S
|
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