October 07, 2024 10:16 GMT
EU-BOND SYNDICATION: Long 3-year / 15-year dual tranche: Mandate
EU-BOND SYNDICATION
"The EU (EUROPEAN UNION) has mandated Barclays, BNP Paribas, Goldman Sachs Bank Europe SE, LBBW and Nordea as Joint Lead Managers for its upcoming EUR Fixed Rate RegS Bearer dual tranche transaction comprising an increase of the EU 2.875% benchmark due 6 December 2027 (EU000A3K4EW6) and an increase of the EU 3.375% benchmark due 4 October 2039 (EU000A3LZ0X9). There will be a co-lead group comprised of Banca MPS, Danske Bank, Intesa Sanpaolo, KBC, Natixis and Santander. The transaction will be launched tomorrow, subject to market conditions."
- MNI looks for E3-5bln of each issue (with a combined issue size of E7-9bln).
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