January 11, 2018 / 12:14 PM / 5 months ago

Corrected-Republic of Macedonia revises pricing for seven-year euro benchmark to 3.125% area (+/-12.5bp) - lead

(Corrects pricing range in headline)

LONDON, Jan 11 (IFR) - The Republic of Macedonia has revised pricing for a €500m seven-year bond to 3.125% area (+/-12.5bp), according to a lead.

The notes were initially marketed at 3.375% area.

The order books are over €2.4bn.

Timing is for today’s business via Citigroup, Deutsche Bank and Erste Group.

The sovereign is rated BB- (stable) by S&P and BB (negative) by Fitch. (Reporting by Robert Hogg; editing by Sudip Roy)

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