-EIB prices euro bond issuance.
Global Banking News - 11 October 2011
The European Investment Bank (EIB) has set final price guidance on its seven-year, Euro Area Reference Note benchmark bond at 18 basis points over mid-swaps.
JPMorgan Chase and Co (NYSE: JPM), RBC CM (LSE: RY) (NYSE: RY), Societe Generale SA (SocGen) (SOGN.PA) (OTC: SCGLY) (GLE.FR) CIB and UniCredit SpA (UCG.MI) (OTCBB: UNCFF) (CRDI.MI) (CRDI.F) (CRDI.WA) (LSE: UNC) are the lead managers of the transaction, which was expected to be priced later in the day on Tuesday. Order books are in excess of EUR2bn.
The issuer is rated 'Aaa' by Moody's Investors Services Inc, 'AAA' by Standard & Poor's Corporation, and 'AAA' by Fitch Ratings.
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