Ing Groep (EU:INGA)
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6 Mois : De Déc 2016 à Juin 2017
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.
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(END) Dow Jones Newswires
March 16, 2017 14:02 ET (18:02 GMT)
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