EU seals first MTN deal in two years

European Union EU adobe stock AS
By Frank Jackman
17 Oct 2019

The European Union returned to the MTN market for the first time since 2017 on Monday to finance the first of three €20m disbursements to Moldova.

“[The loan to Moldova] had been planned for earlier, but was postponed for political reasons,” said Stefan Kohler and Thilo Sarre, funding managers at the European Commission. “At the end of September we then unexpectedly had the green light to go ahead with issuing.”

It is understood that the ...

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