New Issue: EIB sells $2 billion 2.875% 10-year notes at Treasuries plus 25.1 bps

By Andrea Heisinger

New York, Sept. 9 - The European Investment Bank priced $2 billion of 2.875% 10-year notes to yield Treasuries plus 25.1 basis points, according to an FWP filing with the Securities and Exchange Commission.

The notes (Aaa/AAA/AAA) priced at 99.853 to yield 2.892%. They are non-callable.

Bookrunners were Credit Suisse Securities, Daiwa Securities, Nomura Securities and RBC Capital Markets.

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

Issuer:	European Investment Bank
Issue:	Notes
Amount:	$2 billion
Maturity:	Sept. 15, 2020
Bookrunners:	Credit Suisse Securities, Daiwa Securities, Nomura Securities, RBC Capital Markets
Coupon:	2.875%
Price:	99.853
Yield:	2.892%
Spread:	Treasuries plus 25.1 bps
Call:	Non-callable
Trade date:	Sept. 7
Settlement date:	Sept. 15
Ratings:	Moody's: Aaa
	Standard & Poor's: AAA
	Fitch: AAA

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