Commentary & Deal Flow

Reoffer: 7yr: MS+15bp / 99.924 / 3.638%
Benchmark: 7yr: DBR 3.3 Nov-33 (DE000BU27022) / HR 99%

Tranche 1 (7yr): Final Books in excess of €37.5bn (incl. €875m of JLM interest). Peak book in excess of €37.5bn (pre-reconciliation) (JLMs €875m)

Book Update: Books closed in excess of €37.5bn (incl. €875m JLM interest)
Launched: 7yr: €3bn @ MS+15bp - Books over €33bn (including €800m 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: 3.625% Fixed, Annual, ACT/ACT, short first coupon to be paid on 15-Nov-26
• Reoffer: MS+15bp / 99.924 / 3.638%
• Benchmark: DBR 3.3 Nov-33 (DE000BU27022) / HR 99%
• 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: TOE: 12.37 UKT / 13.37 CET / FTT Immediately
• 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
• Hedge Deadline: 12:25 UK / 13:25 CET