Information for Investors
Inaugural issue (2009 Nov. 12th)
Fondo de Reestructuración Ordenada Bancaria (FROB) completed successfully on 2009 November 12th its inaugural Euro denominated Benchmark transaction. The issue carry an explicit and irrevocable guarantee from the Kingdom of Spain and, currently, is rated Aaa/AA/AAA by Moody’s, S&P and Fitch. Joint book runners were BBVA, BARCLAYS, CALYON, DEUTSCHE BANK and HSBC.
- Issue characteristics
- Inaugural issue press release
- Investor presentation
- Rating:
- Another relevant information:
- Partial transcript of the relevant aspects of the order that provides the guarantee of the Central Government to secure obligations to the FROB arising from several types of financial instruments
- Treatment of the debt instruments issued by the Fund of Ordered Bank
Restructuring for the determination and control of minimum equity. (RWA)
- Consideration of the debt instruments issued by the Fund of Ordered Bank Restructuring (FROB) guaranteed by the Government as guarantee assets (collateral) in monetary policy operations of the European Central Bank.
- Partial transcript of the relevant aspects of the order that provides the guarantee of the Central Government to secure obligations to the FROB arising from several types of financial instruments
The translations of the legal texts available on this web page have been prepared exclusively for information purposes, in any case of discrepancy the Spanish version shall prevail.