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FRANKFURT - The European Investment Bank (EIB) announced Wednesday it plans to issue a new 10-year euro-denominated benchmark bond due June 18, 2035, according to a pre-stabilization notice.
Deutsche Bank AG (ETR:DBKGn) will serve as the stabilization coordinator for the offering, with Barclays (LON:BARC) Bank PLC, Deutsche Bank, Landesbank Baden-Württemberg, and Morgan Stanley & Co (NYSE:MS). International PLC acting as stabilization managers.
The stabilization period is expected to begin today and end no later than July 11, 2025. During this time, stabilization managers may over-allot securities by up to 5% of the aggregate nominal amount to support the market price of the securities.
The bond will carry the ISIN code EU000A4ECKZ8. The total issue size and offer price have not yet been determined, according to the notice.
The EIB is issuing these senior unsecured bonds as part of its regular funding activities. The securities will be offered outside the United States and have not been registered under the U.S. Securities Act.
In the United Kingdom (TADAWUL:4280) and European Economic Area, the offering is directed only at qualified investors as defined by applicable regulations.
The information about the planned bond issuance was provided in a press release statement published through the London Stock Exchange (LON:LSEG)’s news service.
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