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$$$ NEW MANDATE - EBRD new $ 3Y SOFR FRN...>

ISSUANCE
ISSUANCE: $$$ NEW MANDATE - EBRD new $ 3Y SOFR FRN - Today's Business
Issuer: European Bank for Reconstruction and Development (EBRD)
Issue Rating: Aaa / AAA / AAA (Moody's/S&P/Fitch, all stable)
Format: Global (SEC Exempt)
Size: US$ Benchmark
Settlement: 13-Mar-2020 (T+6)
Maturity: 13-Mar-2023
Coupon: FRN, SOFR + [ ], Quarterly, ACT/360
SOFR Convention: SOFR Index where SOFR Index Start and SOFR Index End will be 2
days prior to Interest Period
Guidance: SOFR+26bp area
Leads: BMO, Citi, Standard Chartered Bank, TD Securities

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