NTMA statement on forthcoming syndicated bond transaction

NEW MANDATE – IRELAND (NTMA) €3bn (no-grow) 10-YEAR
by IFSC News
11 Jan 2024
IFSC

International Financial Services Centre

Ireland, acting through the National Treasury Management Agency, rated Moody's Aa3 (Stable), Standard and Poor's AA (Stable), Fitch Ratings AA- (Positive), has mandated Barclays, BNP Paribas, Cantor Fitzgerald Ireland, Citi, Danske Bank and J.P. Morgan as joint lead managers for a forthcoming EUR3bn (no-grow) 10-year RegS benchmark transaction, maturing 18 October 2034.

The transaction is expected to be launched and priced in the near future subject to market conditions. FCA/ICMA stabilisation. The Manufacturer target market for the Bonds is professional, retail and eligible counterparties (all channels for distribution), each as defined in MiFID II.

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