LONDON, Oct 10 (IFR) - The Slovak Republic has revised pricing for a €1bn no-grow bond due October 2047 to mid-swaps plus 45bp-47bp, to price in range, according to a lead.
The notes were initially marketed at low to mid 50s over, with then pricing revised to plus 50bp area.
The order books are in excess of €3.25bn, including €125m of lead manager interest.
Timing is for today’s business via Citigroup, CSOB (KBC Group), HSBC (B&D) and Natixis.
The issuer is rated A2/A+/A+. (Reporting by Robert Hogg; editing by Sudip Roy)