By Aleesia Forni
Virginia Beach, Oct. 14 – Oesterreichische Kontrollbank AG priced a $1 billion issue of 1.5% five-year global notes on Wednesday at mid-swaps plus 30 basis points, according to a market source and an FWP filed with the Securities and Exchange Commission.
The notes (Aaa/AA+) priced in line with talk set in the mid-swaps plus 30 bps area.
The issue sold at 99.431 with a spread of Treasuries plus 32.55 bps.
Barclays, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are the bookrunners.
The export and financial services company for Austrian businesses is based in Vienna.
| Issuer: | Oesterreichische Kontrollbank AG
|
| Amount: | $1 billion
|
| Description: | Global notes
|
| Maturity: | Oct. 21, 2020
|
| Bookrunners: | Barclays, Citigroup Global Markets Inc., J.P. Morgan Securities LLC
|
| Coupon: | 1.5%
|
| Price: | 99.431
|
| Spread: | Mid-swaps plus 30 bps, or Treasuries plus 32.55 bps
|
| Trade date: | Oct. 14
|
| Settlement date: | Oct. 21
|
| Ratings: | Moody’s: Aaa
|
| Standard & Poor’s: AA+
|
| Distribution: | SEC registered
|
| Price guidance: | Mid-swaps plus 30 bps area
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
