A first for Prima: new Slovakian issuer set for debut covered bond

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By Bill Thornhill
09 Sep 2019

Prima banka Slovensko is set to become the third Slovakian issuer of euro covered bonds after it mandated lead managers on Monday for a roadshow.

The issuer has mandated CommerzbankDZ Bank and LBBW to organise a European roadshow commencing on September 16. It plans to issue a €500m no-grow — its first ever benchmark in euros. 

The borrower is expecting to issue a deal rated Aaa with Moody’s, with a maturity in the five to ...

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