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EU-BOND SYNDICATION: Dual-tranche mandate: New 7-year and green 2050 tap

EU-BOND SYNDICATION

"The EU has mandated Citi, Deutsche Bank, J.P.Morgan, Societe Générale and UniCredit as Joint Lead Managers for its upcoming EUR Fixed Rate RegS Bearer dual tranche transaction comprising a new long 7-year benchmark line due 4 December 2031 and an increase of the green EU 3.250% benchmark due 4 February 2050 (EU000A3K4EU0). No further group. The transaction will be launched tomorrow, subject to market conditions."
From market source

  • MNI pencil in E5-6bln for the new 7-year and E3-4bln for the 2050 green tap.

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