Commentary & Deal Flow

Tranche 1 (6yr): Final books closed in excess of £1.5bn (incl. £50m JLM)

Launched: 6yr: £500m @ MS+35bp - Books over £1.45bn (excl. JLM)
Spread set at: 6yr: MS+35bp - Books over £1.45bn (excl. JLM)
Guidance: 6yr: MS+36a

• Issuer: European Investment Bank (Ticker: EIB)
• Ratings: Aaa / AAA / AAA / AAA (Moody's/S&P/Fitch/Scope, all stable)
• Format: Senior, Unsecured, Reg S Bearer
• Size: £500m
• Settlement: 28-Oct-26 (T+7)
• Maturity: 28-Oct-32 (6Y)
• Launched: £500m @ SONIA MS+35bp
• Coupon: Fixed, Annual, Act/Act
• Denoms: 1k + 1k
• Docs: EMTN Programme
• Listing: Luxembourg
• Leads: BMO (B&D/DM) / HSBC / TD
• 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)
• ISIN: EU000A4E1WF6
• Benchmark Gilt: UKT 4 1/4 06-Jul-32 / HR 109%
• Hedge Deadline: 11:50 UKT
• Allocations: Allocations in the system; pricing to follow
• UOP: The proceeds of the Bond will be allocated to EIB's lending to activities contributing to sustainability objectives in line with evolving EU sustainable finance legislation. Pending disbursements, the proceeds will be invested in money market instruments.