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Published on 2/11/2015 in the Prospect News Agency DailyProspect News Investment Grade Daily.

EBRD talks seven-year notes at mid-swaps plus 1 bp area

By Aleesia Forni

Virginia Beach, Feb. 11 – The European Bank for Reconstruction and Development (EBRD) set price talk for a planned seven-year offering of notes (Aaa/AAA/AAA) in the mid-swaps plus 1 basis point area, according to a market source.

Citigroup Global Markets Inc., HSBC Securities (USA) Inc., Morgan Stanley & Co. LLC and TD Securities are the bookrunners.

The lender to banks, businesses and industries is based in London.


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