Commentary & Deal Flow

Launched: 7yr: €3bn @ MS+15bp - Books over €33bn (including €800mm JLM)
Guidance: 7yr: MS+18a

• Issuer: European Investment Bank (EIB)
• Exp. 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: €3bn
• Settlement: 21-Oct-26 (T+5)
• Maturity: 15-Nov-33
• Coupon: Fixed, Annual, ACT/ACT, short first coupon to be paid on 15-Nov-26
• Spread: MS+15bp
• Leads: BNP Paribas, BofA Securities (B&D/DM), Credit Agricole CIB and J.P. Morgan
• Listing/Denom: Luxembourg Stock Exchange’s Regulated Market / €1k+€1k
• Governing Law: Luxembourg Law
• Timing: Books closing at 9:45am London / 10:45am CET
• ISIN: EU000A4E2K37 / Common Code: 354374609
• Target Market: The manufacturer target markets (UK MiFIR/MiFID II product governance) as assessed by the lead managers are Retail / Professional / Eligible Counterparties (all distribution channels)
• Advertisement: The final Prospectus, when published, will be available at https://www.luxse.com/issuer/BEI/23931