New Issue: Poland prices €1.25 billion notes due in 12, 30 years

By Christine Van Dusen

Atlanta, Oct. 19 – Poland priced a combined €1.25 billion of 12- and 30-year notes on Tuesday, according to an announcement from the sovereign.

The deal included €750 million 1% notes due 2028 that priced to yield 1.058%, or mid-swaps plus 48 basis points.

The €500 million 2% notes due 2046 priced at a yield of 2.122%, or mid-swaps plus 120 bps.

Issuer:	Poland
Amount:	€1.25 billion
Description:	Notes
Bookrunners:	Banco Santander, Barclays, BNP Paribas, Citigroup, Commerzbank
Trade date:	Oct. 18
Settlement date:	Oct. 25
12-year notes
Amount:	€750 million
Maturity:	Oct. 25, 2028
Coupon:	1%
Yield:	1.058%
Spread:	Mid-swaps plus 48 bps
30-year notes
Amount:	€500 million
Maturity:	Oct. 25, 2046
Coupon:	2%
Yield:	2.122%
Spread:	Mid-swaps plus 120 bps

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