Announcement of the Ministry of Finance
The Republic of Cyprus, rated BBB- (stable) by Standard and Poor’s, Ba2 (stable) by Moody’s, BBB- (stable) by Fitch and BBBL (stable) by DBRS, has mandated Barclays, Deutsche Bank, Goldman Sachs International, J.P. Morgan, Morgan Stanley and Societe Generale to lead manage a EUR-denominated dual-tranche RegS, CACs benchmark (registered form). The deal comprises a EUR benchmark December 2024 fixed rate tranche and a EUR benchmark May 2049 fixed rate tranche. Listing London. Denoms 1k+1k. English Law. The issue is expected to be launched in the near future subject to market conditions. FCA/ICMA stabilisation applies.
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