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Published on 7/9/2018 in the Prospect News Investment Grade Daily.

EIB offers five-year notes talked at mid-swaps plus 8 bps area

By Cristal Cody

Tupelo, Miss., July 9 – The European Investment Bank (Aaa/AAA/AAA) plans to price a benchmark-sized dollar-denominated offering of five-year global notes on Tuesday, according to a market source.

The notes due Aug. 15, 2023 were initially talked to price in the mid-swaps plus 8 basis points area.

Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and TD Securities (USA) LLC are the lead managers.

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


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