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/ISSUANCE UPDATE: Today (8 October) ESM, the....>

ESM
ESM: /ISSUANCE UPDATE: Today (8 October) ESM, the European Stability Mechanism
rated Aa1 (Moody's) /AAA (Fitch) has mandated BofA Merrill Lynch, GSI and
UniCredit as joint lead managers for its upcoming transaction of a new long
3-year due January 2022 Euro benchmark.
- The remaining market group members will be invited to participate as co-lead
managers once the book is officially open.
- The transaction is expected to be launched and priced in the near future,
subject to market conditions.

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