By Lisa Kerner
Charlotte, N.C., Feb. 17 – The European Investment Bank announced it will issue an additional SEK 300 million of its 2.75% bonds due Nov. 13, 2023.
The bonds will be consolidated and form a single series with the existing SEK 750 million 2.75% bonds due Nov. 13, 2023, according to a term sheet.
Proceeds will be used for renewable energy and energy efficiency projects.
Handelsbanken Capital Markets was the manager.
The bonds will be issued in denominations of SEK 10,000.
The lender for the European Union is based in Kirchberg, Luxembourg.
| Issuer: | European Investment Bank
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| Issue: | Bonds
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| Amount: | SEK 300 million
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| Maturity: | Nov. 13, 2023
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| Coupon: | 2.75%
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| Issue price: | 111.762
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| Call: | Non-callable
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| Manager: | Handelsbanken Capital Markets
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| Pricing date: | Feb. 15
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| Settlement date: | Feb. 17
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| Listing: | Luxembourg
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