Slovak Republic Issues 12-Year Eurobond Worth EUR 1.5 Billion

Businessn.a. ♦ Published: January 15, 2015; 19:00 ♦ (Vindobona)

Slovakia’s first syndicated EUR transaction of the year attracted a total demand from more than 200 investors which reached almost EUR 5.5 billion.

Slovak Republic issues 12-year benchmark Eurobond worth EUR 1.5 billion / Picture: ©

Erste Group Bank AG through its subsidiary Slovenská sporiteľňa successfully participated in the syndicated issue of a 12-year Slovak government bond worth EUR 1.5bn.

The bond issue with a coupon rate of 1.375% p.a. will mature in January 2027.

The Slovak Republic (“Slovakia”), rated A2 stable /A positive /A+ stable (Moody’s/S&P/Fitch), acted through…