EU scores ‘limited pick-up’ with €150m MTN
The European Union felt it paid little over its benchmark curve for a €150m medium term note (MTN) that will finance the last of three disbursements to Tunisia.
The EU sold the €150m 0.3% November 2034 bond on Wednesday. UniCredit ran the deal. The issue price was not disclosed.“We felt the level was very competitive compared to our benchmark curve, with rather limited pick-up due to the smaller size. It was a very good outcome for ...
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