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EBRD talks $1 billion notes due 2025 at mid-swaps plus 8 bps area
By Cristal Cody
Tupelo, Miss., Nov. 18 – The European Bank for Reconstruction and Development (Aaa/AAA/AAA) plans to price a $1 billion offering of five-year global notes on Wednesday, according to a market source.
The notes are initially talked to price in the mid-swaps plus 8 basis points area.
Citigroup Global Markets Ltd., Daiwa Capital Markets Inc., J.P. Morgan Securities plc and Scotiabank Europe plc are the bookrunners.
The financial institution is based in London.
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