OeBB Infrastruktur stretches to make €1bn with 10 year

Austria’s OeBB Infrastruktur became the second issuer to attempt a euro benchmark after the FOMC plunged markets into turmoil last week. Unlike its compatriot Asfinag, which sold a €750m 20 year earlier this month OeBB managed to get a benchmark sized issue done but suspicions away from the trade were that it relied upon heavy lead manager support.