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Published on 12/14/2009 in the Prospect News Emerging Markets Daily.

New Issue: European Investment Bank prices R$250 million add on to 11¼% notes due 2013 at 104.7

By Susanna Moon

Chicago, Dec. 14 - European Investment Bank said it sold a R$250 million add on to its 11¼% notes (AAA/Aaa/AAA) at 104.7 to yield 9.436%.

All payments on the notes are made in U.S. dollars.

The existing notes were issued on Feb. 14, 2008 and June 27, 2008.

JPMorgan is the lead manager.

The long-term lender to the European Union is based in Kirchberg, Luxembourg.

Issuer:European Investment Bank
Amount:R$250 million
Maturity:Feb. 14, 2013
Lead manager:JPMorgan
Coupon:11¼%
Price:104.7
Yield:9.436%
Pricing date:Dec. 10
Settlement date:Dec. 17
Ratings:Moody's: Aaa
S&P: AAA
Fitch: AAA

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