Target Market: The manufacturer target markets (MIFID II / UK MiFIR product governance) as assessed by the Lead Managers are professionals and eligible counterparties (all distribution channels)
Bookrunners: BofA / Daiwa / NatWest / RBC CM
Fees: A fee will be paid in connection to the transaction
Timing: Books open. EMEA/APAC books to close at 10am LDN / Americas books to close at 8am EST, today's business
Advertisement: This communication is an advertisement for the purposes of Regulation (EU) 2017/1129 and underlying legislation. It is not a prospectus. The prospectus relating to the securities is available on the Luxembourg Stock Exchange: https://www.luxse.com/issuer/CouncilEurDevBk/25273
UOP: The CEB intends to allocate an amount equal to the net proceeds raised through this Social Inclusion Bond to a portfolio of Eligible Social Loans, selected in accordance with the Social Eligibility Criteria set out in the Use of Proceeds section of its Social Inclusion Bond Framework in one or several of the following sectors of action: social housing for low-income persons; education and vocational training; health and social care; support to MSMEs for the creation and preservation of viable jobs. Proceeds will be managed with the aim to achieve a level of allocation for the portfolio of Eligible Social Loans which matches or exceeds the balance of the net proceeds from the outstanding portfolio of Social Inclusion Bonds. Additional Eligible Social Loans will be added to the Eligible Social Loans portfolio to the extent required to ensure that an amount equal to the net proceeds from outstanding Social Inclusion Bonds will be allocated to Eligible Social Loans.