07 fév 2024 15:43

Nouvelle OLO 101 - Pricing

The 3.50% EUR 5 billion OLO101 benchmark issue, maturing 22 June 2055 for the Kingdom of Belgium (rated Aa3/AA/AA-; outlook stable/stable/negative) is now priced.

Issue/Reoffer price 99.938, to yield 3.504%, equivalent to 4 bps above OLO98 (22 June 2054).

Payment date 14 February 2024. Short first coupon on 22 June 2024. 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, HSBC and Morgan Stanley.

Co-lead group: Bank of America, Citi, Crédit Agricole CIB, J.P. Morgan, KBC Bank, Natixis, NatWest Markets, Nomura and Société Générale.