Austria Hires Banks for 5-Year Euro Bond, Mulls 100-Year Euro Tranche

By Emese Bartha Features Dow Jones Newswires

Austria has hired banks for a new five-year euro benchmark issue with maturity in September 2022 to be launched and priced in the near future, subject to market conditions, said one of the lead managers on Monday.

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In addition, the managers will explore the possibility of a 100-year euro tranche, subject to investor feedback.

The joint bookrunners are BofA Merrill Lynch, Erste Group, Goldman Sachs International Bank, NatWest Markets and Societe Generale CIB.

-Write to Emese Bartha at emese.bartha@wsj.com

(END) Dow Jones Newswires

September 11, 2017 05:33 ET (09:33 GMT)