Cyprus Issues EUR1 Bln in Inaugural Sustainable Bond

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Published: April 4, 2023 at 10:13 a.m. ET

By Emese Bartha

Cyprus issued 1 billion euros ($1.09 billion) in its inaugural sustainable bond via a bank syndicate on Tuesday, one of the lead manager banks said.

The spread on the April 2033 bond was set 125 basis points above mid-swaps, the same bank said.

Lead…

By Emese Bartha

Cyprus issued 1 billion euros ($1.09 billion) in its inaugural sustainable bond via a bank syndicate on Tuesday, one of the lead manager banks said.

The spread on the April 2033 bond was set 125 basis points above mid-swaps, the same bank said.

Lead managers of the issuoke were Barclays, HSBC, J.P. Morgan, Morgan Stanley and Societe Generale.

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

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