By Rebecca Melvin
New York, April 19 – EP Infrastructure priced €750 million of 1.659% six-year notes at par on Thursday to yield mid-swaps plus 110 basis points, according to a market source.
Pricing on the Regulation S notes came at the tight end of guidance for a yield of mid-swaps plus 110 bps to 115 bps, which was tightened from earlier talk of 125 bps to 130 bps.
Citigroup, JPMorgan, Societe Generale and UniCredit were bookrunners for the deal.
EPIF is an energy infrastructure company operating primarily in the Slovak Republic and the Czech Republic.
| Issuer: | EP Infrastructure
|
| Issue: | Notes
|
| Amount: | €750 million
|
| Maturity: | April 26, 2024
|
| Bookrunners: | Citigroup, JPMorgan, Societe Generale and UniCredit
|
| Coupon: | 1.659%
|
| Price: | Par
|
| Yield: | 1.659%
|
| Spread: | Mid-swaps plus 110 bps
|
| Pricing date: | April 19
|
| Settlement date: | April 26
|
| Distribution: | Regulation S
|
| Price talk. | Guided to mid-swaps plus 110-115 bps, from talk of 125-130 bps
|
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