Fitch rates Poland's EUR1.5bn 2023 eurobond 'A-'.

By bne IntelliNews June 18, 2012
Fitch Ratings has assigned Poland's EUR1.5bn eurobond - due on Jan 19 of 2023 - an 'A-' rating, according to the agency's statement. The bond has a coupon of 3.75%. The rating is in line with Poland's 'A-' Long-term foreign currency Issuer Default Rating (IDR), on which the outlook is stable. According to earlier media information, demand for these notes reached EUR 4.0bn. The spread is the lowest at a public sale by Poland in more than a year. So far these year, FinMin sold EUR 527mn worth of 10-year registered bonds under German law as well as EUR 750mn in reopened 5-year eurobonds.
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