15 Feb 2022 16:31

New OLO 95 - Pricing

The 1.40% EURO 5 billion OLO95 benchmark issue, maturing 22 June 2053 for the Kingdom of Belgium (rated Aa3/AA/AA-; outlook all stable) is now priced.

Issue/Reoffer price 99.399, to yield 1.424%, equivalent to 12 bps above OLO88 (Jun-2050).

Payment date 22 February 2022. Short first coupon on 22 June 2022. Listing Brussels.

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

Fees total 25 cts.

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

Joint leads and books: Barclays, BNP Paribas Fortis, Deutsche Bank, Morgan Stanley and Nomura.

Co-lead group: Citi, Crédit Agricole, HSBC, J.P. Morgan, KBC, Natixis, NatWest Markets and Société Générale.