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2050 EU Green Benchmark: Guidance

EUROZONE ISSUANCE
  • Issuer: European Union (EU)
  • Ratings: AAA (Fitch) (stab) / Aaa (Moody's) (stab) / AA+ (S&P) (stab) /
  • AAA (Scope) (stab)
  • Risk Weighting: 0%
  • Format & Type: RegS (Category 1) Bearer (TEFRA Rules apply, no communications with or into the US or Canada (excluding Ontario)), NGN
  • Settlement: 26 March 2024 (T+5)
  • Maturity: 4 February 2050
  • Size: EUR 6bn
  • Coupon: Fixed, Ann, ACT/ACT ICMA, short first coupon
  • Guidance: MS+82bps area
  • ISIN: TBC
  • Denoms: EUR 1
  • Listing: Luxembourg Stock Exchange’s Regulated Market
  • Law: Luxembourg
  • Docs: In accordance with the Issuer's Debt Issuance Programme
  • JLMs: BARC / JPM (B&D/DM) / MS / SG / UniCredit
  • Target Market: The target market for the Bonds is professionals, retail and eligible counterparties (all channels for distribution), each as defined in MIFID II/UK MiFIR
  • Fees: The Joint Lead Managers will be paid a fee in connection with the transaction
  • Timing: Books open, today’s business
  • Per market source
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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