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Croatia revises pricing for 10-year benchmark euro bond
March 13, 2017 / 2:14 PM / 9 months ago

Croatia revises pricing for 10-year benchmark euro bond

LONDON, March 13 (IFR) - The Republic of Croatia has revised pricing for a 10-year euro benchmark bond to 230bp-235bp over mid-swaps, according to a lead. The deal will price in range.

Initial price thoughts were 260bp area over, and guidance was set at plus 240bp area (+/-5bp).

Order books were in excess of €2.75bn, according to a previous update.

The Reg S deal is today’s business via Citigroup, HSBC, Morgan Stanley and UniCredit.

Croatia is rated Ba2/BB/BB. (Reporting by Robert Hogg; editing by Sudip Roy)

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