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INGA ING Groep NV

16.188
-0.228 (-1.39%)
15 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ING Groep NV EU:INGA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.228 -1.39% 16.188 16.15 16.20 16.478 16.15 16.478 10,403,180 16:40:00

Poland Raises EUR1.5 Billion in Dual-Tranche Bond Issuance -- 2nd Update

16/03/2017 6:17pm

Dow Jones News


ING Groep NV (EU:INGA)
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By Emese Bartha 
 

Poland raised 1.5 billion euros ($1.59 billion) in a dual-tranche euro bond transaction Thursday, selling a new 2027-dated issue, plus another tranche of its existing January 2036 bond, via a syndicate of banks, said one of the banks working on the transaction.

The EUR1 billion issue in the 1.375% October 2027-dated bond was priced at 99.068 to yield at 1.471%, while the EUR500 million tranche in the 2.375% January 2036-dated bond was priced at 102.701 to yield at 2.198%, said one of the banks.

Books closed in excess of EUR2.5 billion for the two bonds, with demand skewed toward the 10-year bond.

Lead managers of the transaction were Barclays, BNP Paribas, Commerzbank, ING and J.P. Morgan.

 

-Write to Emese Bartha at emese.bartha@wsj.com

 

(END) Dow Jones Newswires

March 16, 2017 14:02 ET (18:02 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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