LONDON, Jan 8 (IFR) - The Republic of Poland is set to raise
EUR2bn through its upcoming issue of a 10-year international
bond, according to one of the lead managers.
The sovereign, rated A2/A-/A-, has set a final spread of
87bp over mid-swaps for the issue, as orders reached over EUR4bn
Final terms came in the middle of the revised range of
85bp-90bp over mid-swaps and tight to initial price thoughts of
90bp-95bp released on Wednesday morning.
BNP Paribas, Citigroup, Societe Generale CIB and UniCredit
are the leads on the Reg S transaction, which is expected to
price later on Wednesday.
(Reporting by Davide Scigliuzzo; Editing by Sudip Roy)