Poland Raises EUR1.5 Billion in Dual-Tranche Bond Issuance -- 2nd Update
March 16 2017 - 2:17PM
Dow Jones News
By Emese Bartha
Poland raised 1.5 billion euros ($1.59 billion) in a
dual-tranche euro bond transaction Thursday, selling a new
2027-dated issue, plus another tranche of its existing January 2036
bond, via a syndicate of banks, said one of the banks working on
the transaction.
The EUR1 billion issue in the 1.375% October 2027-dated bond was
priced at 99.068 to yield at 1.471%, while the EUR500 million
tranche in the 2.375% January 2036-dated bond was priced at 102.701
to yield at 2.198%, said one of the banks.
Books closed in excess of EUR2.5 billion for the two bonds, with
demand skewed toward the 10-year bond.
Lead managers of the transaction were Barclays, BNP Paribas,
Commerzbank, ING and J.P. Morgan.
-Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
March 16, 2017 14:02 ET (18:02 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
BNP Paribas (EU:BNP)
Historical Stock Chart
From Apr 2024 to May 2024
BNP Paribas (EU:BNP)
Historical Stock Chart
From May 2023 to May 2024