EBRD talks five-year Covid-19 notes at mid-swaps plus 5 bps area

By Devika Patel and Cristal Cody

Knoxville, Tenn., Jan. 21 – The European Bank for Reconstruction and Development (Aaa/AAA/AAA) offered initial price talk for a dollar-denominated offering of global Covid-19 notes due Jan. 28, 2026, according to a market source.

The notes are talked in the mid-swaps plus 5 basis points area.

Pricing was expected Thursday.

BMO Capital Markets Corp., Barclays, Goldman Sachs & Co. LLC and TD Securities (USA) LLC are the bookrunners.

The financial institution is based in London.

© 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.