Investors more than SURE as EU achieves ‘world record’ success with debut pandemic bond

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By Burhan Khadbai
20 Oct 2020

The European Union impressed as it sold its highly anticipated debut syndicated bond under its Support to Mitigate Unemployment Risks in an Emergency (SURE) funding programme on Tuesday, with the deal receiving record breaking demand at minimal new issue premiums.

The EU hit screens to announce the deal on Monday afternoon, with BarclaysBNP ParibasDeutsche BankNomura and UniCredit winning a spot on the coveted and prized mandate to lead the sale of new 10 and 20 year euro Reg S social bonds.

Just before 9am CET ...

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