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Published on 3/8/2011 in the Prospect News Investment Grade Daily.

European Investment Bank planning to sell five-year notes

By Andrea Heisinger

New York, March 8 - The European Investment Bank announced an offering of five-year notes (Aaa/AAA/AAA) on Tuesday, a market source away from the deal said.

The notes are expected to price on Wednesday after going overnight to allow Europe and Asia on the books.

Bookrunners are Goldman Sachs & Co., Morgan Stanley & Co., Inc. and UBS Securities LLC.

The funding arm of the European Union is based in Kirchberg, Luxembourg.


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