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Published on 9/28/2017 in the Prospect News Agency Daily, Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

EBRD talks $500 million offering of green bonds due July 2021 at mid-swaps plus 4 bps area

By Cristal Cody

Tupelo, Miss., Sept. 28 – The European Bank for Reconstruction and Development (Aaa/AAA/AAA) plans to price a $500 million offering of global green bonds due July 15, 2021 on Thursday, according to a market source.

The bonds were initially talked to price in the mid-swaps plus 4 basis points area.

Barclays, Citigroup Global Markets and Credit Agricole CIB are the lead managers.

The financial institution is based in London.


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