By Emese Bartha
Spain hired banks for the syndicated launch of a new bond linked to eurozone HICP-ex tobacco, with maturity in November 2039, one of the lead manager banks said Monday.
The transaction will be launched in the near future subject to market conditions, it said.
Spain currently has five linkers, with maturities in 2023, 2024, 2027, 2030 and 2033, thus the new bond will extend the country's real yield curve by six years.
The banks hired as joint lead managers are Citi, Deutsche Bank, HSBC, J.P. Morgan, Morgan Stanley and Societe Generale.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
10-16-23 0653ET
