New Issue: EIB sells $3.5 billion 1.125% three-year notes at mid-swaps plus 40 bps

By Andrea Heisinger

New York, Feb. 22 - The European Investment Bank sold $3.5 billion of 1.125% three-year global bonds on Wednesday at a spread of 40 basis points over mid-swaps, or 70.7 bps over Treasuries, a market source said.

The securities (Aaa/AAA/) were priced at 99.973.

Barclays Capital Inc., Deutsche Bank Securities Inc. and Goldman Sachs & Co. were the bookrunners.

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

Issuer:	European Investment Bank
Issue:	Global bonds
Amount:	$3.5 billion
Maturity:	April 15, 2015
Bookrunners:	Barclays Capital Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co.
Coupon:	1.125%
Price:	99.973
Spread:	Mid-swaps plus 40 bps, Treasuries plus 70.7 bps
Trade date:	Feb. 22
Settlement date:	Feb. 28
Ratings:	Moody's: Aaa
	Standard & Poor's: AAA

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