Portugal Raises EUR3 Billion in New 20-Year Government Bond -- Update
By Emese Bartha
Portugal raised 3 billion euros ($3.41 billion) via the
syndicated launch of a new 20-year, April 2042-dated government
bond on Wednesday, one of the lead manager banks said.
The bond carries a 1.15% coupon, and it was priced at 99.372, at
a yield of 1.185%, the same bank said.
Books for Portugal's first bond issue this year exceeded EUR20
billion at close, including EUR2.6 billion joint lead manager
interest, the same bank said. The spread on the bond was set 60
basis points above midswaps, it added.
Lead manager banks of the issue are BNP Paribas, Credit Agricole
CIB, Morgan Stanley, J.P. Morgan, Nomura and NovoBanco.
Write to Emese Bartha at firstname.lastname@example.org
(END) Dow Jones Newswires
January 12, 2022 11:00 ET (16:00 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.