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Published on 9/9/2020 in the Prospect News Investment Grade Daily.

European Investment Bank launches $4 billion of notes due 2025 at mid-swaps plus 9 bps

By Cristal Cody

Tupelo, Miss., Sept. 9 – The European Investment Bank (Aaa/AAA/AAA) launched a $4 billion registered offering of global notes due Dec. 15, 2025 on Wednesday at mid-swaps plus 9 basis points, according to a market source.

Initial price talk is in the mid-swaps plus 11 bps area.

Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and TD Securities (USA) LLC are the bookrunners.

The lender for the European Union is based in Kirchberg, Luxembourg.


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