18 Feb 2020 16:24

New OLO 90 - Pricing

The 0.4% EURO 5 billion OLO90 benchmark issue, maturing 22nd June, 2040 for the KINGDOM OF BELGIUM, rated Aa3/AA/AA-, is now priced.

Issue/Reoffer price 99.418, to yield 0.430%, equivalent to 11 bps above mid swaps.

Payment date February 25th, 2020. Short first coupon on June 22nd, 2020. Listing Brussels.

Belgian law. No XD, no NP. FM2 (with prior consultation with the issuer) applies.

Fees total 22.5 cts.

Reg S Category 1, 144A eligible,  CAC,  FCA / ICMA Stabilisation.

Joint leads and books : Citi, J.P. Morgan, Natixis, Nomura and Société Générale

Co-lead group: Barclays, Crédit Agricole CIB, HSBC, KBC, Morgan Stanley and NatWest Markets.