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EU-bond syndication mandate

EUROZONE ISSUANCE

"The EU (EUROPEAN UNION) has mandated BofA Securities, BNP Paribas, Citi, LBBW and Natixis as Joint Lead Managers for its upcoming EUR Fixed Rate RegS Bearer dual tranche transaction comprising a new long 3-year benchmark line due 6th December 2027 and an increase of EU 4.00% benchmark due 4th April 2044 (EU000A3K4EL9). No further group. The transaction will be launched tomorrow, subject to market conditions."

From market source

  • We look for a size of around E5bln for the 3-year and E3bln for the 4.00% Apr-44 EU-bond.

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