By Emese Bartha

 

Estonia raised 1 billion euros ($998.6 million) in October 2032-dated bonds, drawing demand of close to twice the issue size in a syndicated deal on Wednesday, one of the lead manager banks said.

The spread on the bond was set 105 basis points above mid-swaps, while final books were in excess of EUR1.8 billion, excluding interest from the joint lead managers, the same bank said.

Lead managers of the transaction were Citi, Goldman Sachs Bank Europe and Societe Generale.

 

Write to Emese Bartha at emese.bartha@wsj.com

 

(END) Dow Jones Newswires

October 05, 2022 07:57 ET (11:57 GMT)

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