Slovenia Issues EUR1.5 Billion in New 10-Year Bond -- Update

By Emese Bartha

Slovenia issued 1.5 billion euros ($1.64 billion) in new 10-year, March 2034-dated bonds in a syndicated deal on Wednesday, one of the lead manager banks said.

Books for the new issue--which was the first syndicated transaction among eurozone sovereigns this year--closed with a volume of around EUR6.8 billion, including EUR785 million in joint lead manager demand, the same bank said.

The spread on the bond was set 58 basis points above mid-swaps, it said. The bond, which has a 3.00% coupon, was priced at 99.621, at a yield of 3.043%, the same bank said.

Lead managers of the transaction were Barclays, BNP Paribas, Deutsche Bank, Erste Group, Goldman Sachs Europe SE and Nova KBM.

Write to Emese Bartha at [e-mail]

(END) Dow Jones Newswires

01-03-24 1216ET