LONDON, May 23 (IFR) - The Republic of Slovakia has
tightened price guidance on its upcoming sale of a 5.5-year
euro-denominated international bond, through which is hopes to
raise up to EUR1bn, according to market sources.
The sovereign, rated A2/A/A+, has set official guidance for
the issue at 67bp over mid-swaps area (plus or minus 2bp), tight
to initial price thoughts of low 70s.
Order books for the issue have swelled past EUR1.75bn with
good participation from international accounts and are expected
to close "at short notice," according to the sources.
CSOB (KBC Group), Tatra Banka (Raiffeisen Group) and
Vseobecna Uverova Banka (Intesa Sanpaolo) are the leads on the
Reg S-only issue, which is expected to launch and price on
(Reporting by Davide Scigliuzzo; Editing by Anil Mayre)