The Republic of Cyprus has mandated leading banks to manage a EUR-denominated 10-year bond, maturing in January 2036, under its EMTN Programme, subject to market conditions.
The Republic of Cyprus, rated A3 stable by Moody’s, A- positive by S&P, A- positive by Fitch, and A stable by DBRS, has mandated Barclays, J.P. Morgan, Morgan Stanley, and Société Générale to lead manage a EUR-denominated Reg S 10-year bond offering, maturing in January 2036.
The transaction is expected to be issued in registered form under the Republic of Cyprus’ EMTN Programme and is anticipated to be launched in the near future, subject to market conditions.
Bank of Cyprus is also acting as Co-Manager on this transaction.