Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Council of Europe Development Bank > News item |
Council of Europe talks three-year dollar Covid-19 bonds at mid-swaps plus 11 bps area
By Cristal Cody
Tupelo, Miss., June 3 – The Council of Europe Development Bank (Aa1/AAA/AA+) plans to price a dollar-denominated offering of three-year global Covid-19 response social inclusion bonds on Wednesday, according to a market source.
Initial price talk is at the mid-swaps plus 11 basis points area.
Credit Agricole CIB, Daiwa Capital Markets Europe Ltd., J.P. Morgan Securities plc and NatWest Markets Securities Inc. are the bookrunners.
The council held global fixed income investor calls for the deal on Tuesday.
The Paris-based Council of Europe Development Bank finances social projects to member states, financial institutions and local authorities for projects including public infrastructure and low-income housing.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.