Commentary & Deal Flow

The Republic of Portugal, (country: Portugal) rated A3/A+/A/AH/A (Moody's/S&P/Fitch/DBRS/Scope), has mandated BBVA, BofA Securities, Deutsche Bank, Goldman Sachs Bank Europe SE, J.P. Morgan and Santander as Joint Lead Managers for a forthcoming 20-year Portuguese Government Bond (PGB).

An expected € Benchmark, Reg S Category 1 / 144A eligible offering maturing on 15-Jun-46 will be launched and priced in the near future, subject to market conditions. The issue will contain CAC.MANDATE: Republic of Portugal Reg S/144A € bmk 20yr PGB Offering May Follow