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Published on 6/8/2009 in the Prospect News Investment Grade Daily.

New Issue: EBRD prices $1.5 billion 1.25% two-year global notes at 99.988

By Andrea Heisinger

New York, June 8 - The European Bank for Reconstruction and Development priced $1.5 billion 1.25% two-year global notes, according to a press release.

The notes priced at 99.988 and are non-callable.

Bookrunners were Daiwa Securities, HSBC Securities, Morgan Stanley & Co. Inc. and RBC Capital Markets Corp. Co-managers were Credit Suisse Securities and Merrill Lynch & Co.

The bank helps build economies and democracies in countries through investments and is based in London.

Issuer:European Bank for Reconstruction and Development
Issue:Global notes
Amount:$1.5 billion
Maturity:June 10, 2011
Bookrunners:Daiwa Securities, HSBC Securities, Morgan Stanley & Co. Inc., RBC Capital Markets Corp.
Co-managers:Credit Suisse Securities, Merrill Lynch & Co.
Coupon:1.25%
Price:99.988
Call:Non-callable
Trade date:June 8
Settlement date:June 10

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