EBRD five-year notes marketed at SOFR mid-swaps plus 42 bps area

By Marisa Wong and Cristal Cody

Los Angeles, Jan. 18 – European Bank for Reconstruction and Development is marketing five-year dollar-denominated global notes, according to a market source.

Initial price talk is in the SOFR mid-swaps plus 42 basis points area.

Barclays, Deutsche Bank, Morgan Stanley and Scotia are the bookrunners.

The financial institution is based in London.

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