Commentary & Deal Flow

The Basque Government, (ticker: "BASQUE", country: SP) rated A2/AA-/A+ (Moody's/S&P/Fitch), has mandated Deutsche Bank and ING to arrange a series of physical fixed-income investor meetings in Amsterdam and London on Wednesday 3rd and Thursday 4th of June, respectively, with the aim to present the Basque Government’s Industrial Strategy 2030 plan and the Basque Financial Alliance, a strong public-private framework, targeting investments in industrial companies with deep local roots in the Basque Region.

Following the investor meetings, a EUR denominated benchmark bond issue may follow, subject to market conditions.