Chicago, Oct. 5 – The European Bank for Reconstruction and Development placed another $75 million of notes on top of an issue that has already undergone many additions, the 4.375% global notes due March 9, 2028 that were issued originally on March 9, according to a pricing supplement.
The issue price for the new add-on was 99.376 to yield 4.53%.
HSBC handled syndication on the offering.
Proceeds will be used in the ordinary capital resources of the issuer and used in its ordinary operations.
As previously reported, listing will be on the London Stock Exchange.
The financial institution is based in London.
| Issuer: | European Bank for Reconstruction and Development
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| Amount: | $75 million
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| Issue: | Global notes
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| Maturity: | March 9, 2028
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| Bookrunner: | HSBC
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| Coupon: | 4.375%
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| Price: | 99.376
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| Yield: | 4.53%
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| Trade date: | Sept. 12
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| Settlement date: | Sept. 14
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| ISIN: | US29874QEX88
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| Total issue size: | $2.75 billion, including this add-on with $2 billion issued on March 9; $100 million issued on March 30; $50 million issued on March 31; $100 million issued on April 19; $100 million issued on April 20; $50 million issued on April 28; $50 million issued on May 11; $50 million issued on May 12; $100 million issued on July 12; and $75 million issued on Aug. 1
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