Commentary & Deal Flow

Launched: 3yr: €4bn @ MS-2bp - Book in excess of €30bn (incl. €3.0bn JLM interest)
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
• 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
• 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. Books to close 9.45 UKT/10.45 CET
• 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)