EIB out with first SSA Sofr of 2020

By Burhan Khadbai
21 Jan 2020

The European Investment Bank is keeping a busy pace in capital markets, mandating banks on Tuesday for its sixth syndicated transaction of the year in a core currency.

Bank of America, CIBC Capital Markets, Citi, RBC Capital Markets and TD Securities have been appointed to lead EIB’s $1bn no-grow January 2023 Sofr-linked floating rate note.

The leads are taking indications of interest with initial price thoughts of 27bp area over Sonia, ahead of ...

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