February 10, 2025 10:53 GMT
EGB SYNDICATION: Mandate: 2.50% Dec-31 EU-bond / 3.25% Feb-50 Green EU-bond
EGB SYNDICATION
"The EU has mandated Citi, Deutsche Bank, HSBC, Morgan Stanley and Société Générale as Joint Lead Managers for its upcoming EUR Fixed Rate RegS Bearer dual tranche transaction comprising an increase of the EU 2.500% benchmark due 4 December 2031 (EU000A3L1DJ0) 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."
- MNI pencils in E4-6bln for the short 7-year 2.50% Dec-31 EU-bond tap and E4-6bln for the 25-year 3.25% Feb-50 Green EU-bond (with an overall transaction size of E9-11 likely).
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