LONDON, March 13 (IFR) - The Republic of Croatia has revised pricing for a 10-year euro benchmark bond to 230bp-235bp over mid-swaps, according to a lead. The deal will price in range.
Initial price thoughts were 260bp area over, and guidance was set at plus 240bp area (+/-5bp).
Order books were in excess of €2.75bn, according to a previous update.
The Reg S deal is today’s business via Citigroup, HSBC, Morgan Stanley and UniCredit.
Croatia is rated Ba2/BB/BB. (Reporting by Robert Hogg; editing by Sudip Roy)