Related Issuers
by Chris Reich
Jun 05, 2024 1:04 PM ET
The Republic of Serbia (represented by the Government of the Republic of Serbia, acting by and through the Ministry of Finance), rated Ba2 (stable) / BB+ (stable) / BB+ (stable) by Moody's / S&P / Fitch, US$1.5bn 144A/Reg S (Cat 1) 10y sustainable bond due 6/12/34. BNP/BofA/DB (B&D / ESG Structuring Coordinator)/MUFG/Raiffeisen joint books. List LSE. English Law. UOP: In accordance with the Sustainable Finance Framework, the Issuer intends to apply an amount equivalent to the net proceeds to finance and /or re finance new and existing expenditures aimed at promoting Serbia’s transition to a low carbon, climate resilient and ecological economy as well as contributing to United Nations Sustainable Development Goals (“Eligible Green or Social Expenditures”). Sustainable Finance Framework and SPO: https://javnidug.gov.rs/en/zeleneobveznice. DealRoadshow: URL: https://dealroadshow.com Entry Code: SERBIA2024 Direct Link: : https://dealroadshow.com/e/SERBIA2024. Pricing 6/5. Settle 6/12 (T+5).
IPTs: T+240 area.
FINAL PRICE GUIDANCE: T+205 area (+/- 5). Orderbooks > $6.5bn (incl. $165m JLM).
LAUNCHED: $1.5bn 10y Sust. at T+200. Orderbooks > $6.5bn (incl. $165m JLM).
PRICED: $1.5bn 6.00% 6/12/34 97.864 6.291% T+200.