Republic of Serbia (SERBIA)

No results found for "".

Republic of Serbia (SERBIA)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
HYC	SSA	PRCD	SERBIA	Republic of Serbia	-		3	EMEA	Apr 28, 2026

Tranche #1Republic of Serbia

currency

EUR

size (m)

1,000.000

maturity

May 6, 2031

type

Fixed

tenor

5.000

call

registration

144A/Reg S

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Ba2

s&p

BBB-

fitch

BB+

size description

re-open/tap

ipt

MS+180 area

ipt-pxd

-30

guidance

Final MS+150#

spread

150

coupon

4.25%

spread set

price

99.35300

yield

4.397%

book size (m)

2,400

peak book (m)

x-covered

2.4

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

2,400

peak book (m)

x-covered

2.4

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche #2Republic of Serbia

currency

EUR

size (m)

900.000

maturity

May 6, 2038

type

Fixed

tenor

12.000

call

registration

144A/Reg S

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Ba2

s&p

BBB-

fitch

BB+

size description

re-open/tap

ipt

MS+230 area

ipt-pxd

-30

guidance

Final MS+200#

spread

200

coupon

4.875%

spread set

price

97.38400

yield

5.173%

book size (m)

2,500

peak book (m)

x-covered

2.78

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

2,500

peak book (m)

x-covered

2.78

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche #3Republic of Serbia

currency

USD

size (m)

1,250.000

maturity

May 6, 2036

type

Fixed

tenor

10.000

call

registration

144A/Reg S

benchmark

10yr Tsy

ranking

Sr. Unsecured

moody's

Ba2

s&p

BBB-

fitch

BB+

size description

re-open/tap

ipt

T+175 area

ipt-pxd

-30

guidance

Final T+145#

spread

145

coupon

5.50%

spread set

price

97.64400

yield

5.814%

book size (m)

3,200

peak book (m)

x-covered

2.56

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

3,200

peak book (m)

x-covered

2.56

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

Book size: 2400; Registration: 144A/Reg S; Comments: OBL 2 ½ 04/16/31 #193 (98.75, B+162.8); Book size: 2500; Registration: 144A/Reg S; Comments: DBR 4 01/04/37 (107.9, B+205.5); Book size: 3200; Registration: 144A/Reg S; Comments: T 4 ⅛ 02/15/36 98-03+ (HR 95%);

Use of Proceeds

Finance the concurrent tender offer of the EUR 2027 notes, with the remaining proceeds (if any) used for general budgetary purposes.

Hide Details

Explore all other Commentary & Deal Flow

	PRICED: Republic of Serbia €1.9bn & US$1.25bn 5yr, 12yr Green & 10yr Sr Unsec; MS+150, MS+200 & T+145	Apr 29, 2026
	LAUNCHED: Republic of Serbia €1.9bn & US$1.25bn 5yr, 12yr Green & 10yr Sr Unsec; MS+150, MS+200 & T+145	Apr 28, 2026
	UPDATE: Republic of Serbia € bmk 5yr & 12yr Green & US$ bmk 10yr Sr Unsec; Spread set at MS+150#, MS+200# & T+145#	Apr 28, 2026
	UPDATE (BOOKS): Republic of Serbia € bmk 5yr & 12yr Green & US$ bmk 10yr Sr Unsec; MS+180a & MS+230a & T+175a	Apr 28, 2026
	NEW ISSUE: Republic of Serbia € bmk 5yr & 12yr Green & US$ bmk 10yr Sr Unsec; MS+180a & MS+230a & T+175a	Apr 28, 2026

1 to 5 of 5

Asset Backed Securities

sector/subsector profiles

High Yield

industry/subindustry profiles

Investment Grade

industry/subindustry profiles

Republic of Serbia (SERBIA)

Deal Details

Commentary

Deal Flow