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Commentary & Deal Flow

NEW ISSUE: European Investment Bank (EIB) €4bn (WNG) 3yr EARN Benchmark; MS+0a

IGC European Market: Deal Flow - SSA

Issuer

Term

Maturity

Size

Ranking

Type

Guidance

European Investment Bank (EIB)

3yr

15-Oct-29

€4bn (WNG)

Sr Unsec

Fixed

MS+0a


Guidance: 3yr: MS+0a


  • Issuer: European Investment Bank (EIB)
  • Expected Issue Rating: Aaa/AAA/AAA/AAA (Moody's/S&P/Fitch/Scope, all stable)
  • Status: Senior unsecured, 0% RW
  • Format: EARN - Reg S, Category 1, Registered Form
  • Size: €4bn (WNG)
  • Settlement: 28-Apr-26 (T+5)
  • Maturity: 15-Oct-29
  • Coupon: Fixed, Annual, ACT/ACT, short first coupon to be paid on 15-Oct-26
  • Guidance: MS flat area
  • Leads: Commerzbank/GSBE SE/HSBC(DM/B&D)/NatWest
  • Listing/Denom: Luxembourg Stock Exchange’s Regulated Market / €1k+€1k
  • Governing Law: Luxembourg Law
  • Timing: Books open, today's business
  • ISIN: EU000A4ETUZ1
  • Common Code: 335603842
  • Target Market: The manufacturer target markets (MIFID II and UK MiFIR product governance) as assessed by the lead managers are Retail / Professional / Eligible Counterparties (all distribution channels)