By Christine Van Dusen
Atlanta, July 17 - Ceske drahy (Czech Railways) priced a €300 million issue of 4 1/8% notes due July 23, 2019 at 99.821 to yield 4.155%, or mid-swaps plus 275 basis points, a market source said.
The notes priced inside of talk, which was set at mid-swaps plus 312.5 bps.
Barclays Capital, Citigroup and ING were the bookrunners for the Regulation S deal.
Czech Railways is a railway services company owned by the Czech Republic.
| Issuer: | Ceske drahy (Czech Railways)
|
| Amount: | €300 million
|
| Maturity: | July 23, 2019
|
| Description: | Notes
|
| Bookrunners: | Barclays Capital, Citigroup, ING
|
| Coupon: | 4 1/8%
|
| Price: | 99.821
|
| Yield: | 4.155%
|
| Spread: | Mid-swaps plus 275 bps
|
| Trade date: | July 16
|
| Settlement date: | July 23
|
| Distribution: | Regulation S
|
| Price talk: | Mid-swaps plus 312.5 bps
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
