By Aleesia Forni
Virginia Beach, Feb. 26 - The European Investment Bank priced $5 billion of 0.875% three-year notes on Wednesday to yield mid-swaps plus 5 basis points, according to syndicate source.
The notes (Aaa/AAA/AAA) priced in line with talk.
Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC ran the books.
The lender for the European Union is based in Kirchberg, Luxembourg.
| Issuer: | European Investment Bank
|
| Amount: | $5 billion
|
| Description: | Notes
|
| Maturity: | April 18, 2017
|
| Bookrunners: | Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC
|
| Coupon: | 0.875%
|
| Price: | 99.896
|
| Spread: | Mid-swaps plus 5 bps
|
| Trade date: | Feb. 26
|
| Settlement date: | March 5
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
| Price talk: | Mid-swaps plus 5 bps
|
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