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EU SURE 5-/25-Yr Mandate

EUROZONE ISSUANCE

The EU has mandated BNP Paribas, BofA Securities, DZ BANK, Morgan Stanley and Societe Generale as JLMs for syndication of SURE Social Bond EUR-denominated 5-/25-Yr Dual Tranche.

  • "The transaction will be launched in the near future, subject to market conditions."
  • MNI's expectation had been for a dual-tranche transaction this week, with up to E13bn on offer (per the EU's Mar 12 investor presentation). Transaction likely to take place tomorrow.

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