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Portugal set to increase February 2024 issue by EUR3bn
February 11, 2014 / 10:37 AM / in 4 years

Portugal set to increase February 2024 issue by EUR3bn

LONDON, Feb 11 (IFR) - The Republic of Portugal will increase its 5.65% February 2024 issue by EUR3bn, a source said on Tuesday.

The issuer has also set the spread at 320bp over mid-swaps, the tight end of the 320bp-325bp official guidance range.

Barclays, BES, CA-CIB, Citi, RBS and SG will price the increase later today. (Reporting by Helene Durand, editing by Julian Baker)

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