Dec 12 (IFR) - The Republic of Poland has set final guidance
for a five-year euro benchmark Green bond at 48-50bp over
mid-swaps, according to a lead. The bond will price in range.
The sovereign initially marketed the notes at 60bp area over
mid-swaps, with guidance set at plus 50-55bp. The size is
expected to be between 500-750m.
Order books are over 1.4bn.
The Reg S trade is expected to price on Monday. HSBC is
Green structuring adviser, as well as a bookrunner along with JP
Morgan and PKO Bank Polski.
Poland is rated A2/BBB+/A- (negative/stable/stable).
(Reporting by Robert Hogg; editing by Alex Chambers)