Commentary & Deal Flow

Launched: 10yr: US$500m @ T+65bp - Books closed >US$785m (incl. US$195m JLM)
Spread set at: 10yr: T+65bp - Total books >US$825mn (incl. US$220mn JLM)
Guidance: 10yr: T+65a
IPTs: 10yr: T+65a

• Issuer: Republic of Slovenia (SLOVEN)
• Issue Rating: A2 by Moody's / AA by S&P / A+ by Fitch (Stable / Stable / Stable)
• Status: Senior, Unsecured, Unsubordinated
• Format: 144A/Reg S CAT1, registered
• Size: US$500m
• Settlement: 3-Nov-26
• Maturity: 3-Nov-36 (10y)
• Coupon: Fixed, Semi-annual, 30/360
• Final Spread: CT10 +65bps
• Denoms: US$200k x US$1k
• Listing: Luxembourg Stock Exchange (Regulated Market)
• Governing Law: English Law
• UOP: General funding purposes
• Bookrunners: Barclays (B&D), Deutsche Bank, DZ Bank, J.P. Morgan and Raiffeisen Bank International
• Target Market: Eligible counterparties and professional clients only (all distribution channels)
• Timing: Global books to close at 13:30 CET / 12:30 LDN / 08:30NY