Israel set to raise EUR1.5bn through 10-year bond
LONDON, Jan 22 (IFR) - The State of Israel is set to raise EUR1.5bn through its upcoming 10-year bond issue, for which it has set a final spread of 90bp over mid-swaps, according to market sources.
Final terms came at the tight end of the revised guidance of 90bp-95bp over, and inside initial price thoughts of 95bp area.
The sovereign, rated A1/A+/A, is expected to price the transaction later on Wednesday.
Barclays, Citigroup and Goldman Sachs are the lead managers on the deal.
(Reporting by Davide Scigliuzzo; Editing by Sudip Roy)
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