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FRANKFURT - The European Union (EU) announced plans to tap its existing 2.75% bond due December 13, 2032, for an additional €5 billion, according to a pre-stabilization notice issued Tuesday.
The tap will increase the total outstanding amount of this bond series to €10 billion. The securities will be offered at a price of 99.114%, with fixed annual interest payments calculated on an Act/Act basis.
DZ BANK AG will serve as the stabilization coordinator for the offering, with Banco Santander, Citibank, Deutsche Bank, and BNP Paribas acting as stabilizing managers. The stabilization period is expected to begin October 7, 2025, and end no later than 30 days after the proposed issue date.
As part of the stabilization process, managers may over-allot securities or conduct transactions to support the market price at levels higher than might otherwise prevail, though there is no guarantee any stabilization action will be taken. All stabilization actions will be conducted in accordance with applicable laws and rules.
The securities will trade on the Luxembourg Stock Exchange under the ISIN code EU000A4ED0K0.
This bond issuance represents part of the EU’s ongoing financing activities. The announcement was made through a press release statement from DZ BANK AG in Frankfurt am Main.
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