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EBRD guides four-year dollar notes at 11 bps area over mid-swaps
By Cristal Cody
Eureka Springs, Ark., Aug. 16 – The European Bank for Reconstruction and Development (Aaa/AAA/AAA) plans to price an offering of four-year dollar-denominated global benchmark notes on Wednesday, according to a market source.
The notes were initially talked to price in the mid-swaps plus 11 basis points area.
BMO Capital Markets Corp., Morgan Stanley & Co. LLC and TD Securities (USA) LLC are the lead managers.
EBRD is a London-based financial and investment institution.
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