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BRUSSELS - The European Union announced plans to issue €5 billion in 5-year notes due October 14, 2030, according to a pre-stabilization period announcement released Tuesday.
The bearer notes will be listed on the Luxembourg Stock Exchange’s regulated market. Landesbank Baden-Württemberg will serve as the stabilization coordinator, with Barclays, BofA Securities, Crédit Agricole CIB, and Morgan Stanley acting as stabilization managers.
The stabilization period is expected to begin on September 9, 2025, and end no later than 30 days after the proposed issue date. During this period, stabilization managers may over-allot securities or conduct transactions to support the market price at levels higher than might otherwise prevail, though stabilization is not guaranteed.
The EU currently holds credit ratings of AAA from Fitch, Aaa from Moody’s, AA+ from S&P, and AAA from Scope.
The offer price for the notes has not yet been disclosed. The securities will be available to qualified investors in European Economic Area Member States in accordance with the Prospectus Regulation.
The announcement specifies that the securities have not been and will not be registered under the United States Securities Act of 1933 and cannot be offered or sold in the United States without registration or an exemption.
Any stabilization action will be conducted in accordance with applicable laws and rules, as stated in the press release.
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