OMV To Price EUR500M 10-Year Bond Issue At Tighter End

OMV To Price EUR500M 10-Year Bond Issue At Tighter End
dj
Τετ, 5 Οκτωβρίου 2011 - 17:53
Austrian oil and gas group OMV AG (OMV.VI) has tightened price guidance on its EUR500 million, 10-year bond issue, at 185 basis points over midswaps, one of the banks running the deal said Wednesday.
Austrian oil and gas group OMV AG (OMV.VI) has tightened price guidance on its EUR500 million, 10-year bond issue, at 185 basis points over midswaps, one of the banks running the deal said Wednesday.

Previously guidance was at 190 basis points to 200 basis points over midswaps.

BNP Paribas S.A., Citigroup Inc., Raiffeisen Bank International AG, and Societe Generale S.A. are arranging the transaction, expected to price today.

The issuer is rated A3 by Moody's Investors Service Inc., and A- by Fitch Ratings.

Διαβάστε ακόμα