Erste Group manages € 1.25bn increase of Slovak Bonds

Businessn.a. ♦ Published: February 19, 2011; 00:03 ♦ (Vindobona)

Strong interest for the Slovak sovereign bonds offering: total orders amounted to € 1.9bn from over 100 investors.

Erste Group manages € 1.25bn increase of Slovak Bonds / Picture: © Vindobona.org

Erste Group Bank AG („Erste Group”) through its subsidiary Slovenská sporiteľňa successfully managed a € 1.25bn increase on 5-year Slovak government bonds as Joint Bookrunner. The Slovak Republic, rated A1/A+/A+ (Moody’s/S&P/Fitch, all stable), acted through the Ministry of Finance and was represented by the Debt and Liquidity Management Agency (ARDAL).

The…