NEW ISSUE: SID Banka €100-150m 5yr Sr Unsec; MS+25a
IGC European Market: Deal Flow - SSA
Issuer
Term
Maturity
Size
Ranking
Type
Guidance
SID Banka dd
5yr
23-Jun-31
€100-150m
Sr Unsec
Fixed
MS+25a
Guidance: 5yr: MS+25a
Issuer:SID - Slovenska izvozna in razvojna banka, d.d., Ljubljana
Ticker: SEDABI
Status: Senior, unsecured
Issuer Rating: AA by S&P (stable outlook)
Ownership: 100% owned by the Republic of Slovenia (rated A2/AA/A+)
Guarantor: Direct, Explicit, Unconditional & Irrevocable Guarantee of the Republic of Slovenia (See Article 13, Slovene Export and Development Bank Act (ZSIRB))
Issue Size: €100-150m exp.
Coupon: fixed, annual, act/act ICMA, unadjusted following
Settlement: 23-Jun-26 (T+5)
Maturity: 23-Jun-31
Guidance: MS+25 bps area
Denominations: €100k + €100k
Listing: Frankfurt Stock Exchange
Law: German law, save for the provisions of Conditions 2. and 3. Which shall be governed by Slovenian law
Documentation: Terms and Conditions of the Issue under German Law (Stand-alone)
Joint Arranger: AFS Interest & Erste Group (B&D)
MIFID II: The manufacturer target market (MIFID II/UK MIFIR product governance) are eligible counterparties and professional clients (all distribution channels).
Fees: The arranger will be paid a fee in respect of the placement of the securities.