USD 1.25 billion 3 year benchmark

Posted on 15 April, 2019 - 13:18 | Category : Investor news, News.

  • Mandate announcement on Monday April 15th followed by strong investor response with IOIs above USD 1.25 billion
  • Launch of the transaction on Tuesday April 16th at 09:00 am with a guidance of MS +19 area with the orderbook reaching USD 1.75 billion before noon
  • Pricing of the transaction in the afternoon at MS +18 BP on the back of a final orderbook above USD 1.85 billion with participation of 44 different investors
  • Strong participation by central banks and official institutions representing 68% of allocations
  • Investors from Asia and the Americas took up 50% of the transaction