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PKO BP sets guidance at 130 bps above mid-swaps for its eurobond
January 16, 2014 / 8:42 AM / in 4 years

PKO BP sets guidance at 130 bps above mid-swaps for its eurobond

WARSAW, Jan 16 (Reuters) - Poland’s largest bank PKO BP has set the initial price for its 5-year euro bond at about 130 basis points above mid-swaps, Thomson Reuters news and analysis service IFR said on Thursday.

Citigroup, Santander, Societe Generale and UBS are the lead managers for the issue worth 500 million euros ($679.73 million). The bond is expected to be priced later on Thursday, IFR said. ($1 = 0.7356 euros) (Reporting by Marcin Goettig)

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