Published on 7/14/2015 in the Prospect News Agency DailyProspect News Investment Grade Daily.
New Issue: EIB prices $3 billion of 2.25% seven-year notes at mid-swaps plus 16 bps
By Aleesia Forni
Virginia Beach, July 14 – The European Investment Bank priced $3 billion of 2.25% seven-year global notes (Aaa/AAA/AAA) at mid-swaps plus 16 basis points, according to a market source.
Barclays, Deutsche Bank Securities Inc. and TD Securities are the bookrunners.
The lender for the European Union is based in Kirchberg, Luxembourg.
| Issuer: | European Investment Bank
|
| Amount: | $3 billion
|
| Description: | Global notes
|
| Maturity: | Aug. 15, 2022
|
| Bookrunners: | Barclays, Deutsche Bank Securities Inc., TD Securities
|
| Coupon: | 2.25%
|
| Spread: | Mid-swaps plus 16 bps
|
| Trade date: | July 14
|
| Ratings: | Moody’s: Aaa
|
| Standard & Poor’s: AAA
|
| Price guidance: | Mid-swaps plus 16 bps area
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
