Ireland begins marketing 15-year euro bond at MS+105bp-110bp
By Michael Turner
LONDON, Nov 4 (IFR) - The Republic of Ireland (Other OTC: IRLD - news) has opened books on a benchmark-sized euro-denominated May 2030 bond at 105bp-110bp over mid swaps, according to a lead.
The Reg S bond is expected to price on Tuesday through bookrunners Citigroup (NYSE: C - news) , Danske Bank (Other OTC: DNSKY - news) , Davy, Morgan Stanley (Xetra: 885836 - news) , Nomura and RBS (LSE: RBS.L - news) .
Ireland is rated Baa1 (stable) by Moody's, A- (positive) by Standard & Poor's and A- (stable) by Fitch. (Reporting By Michael Turner; editing by Sudip Roy)