EFSF takes €4bn as SSA trio dazzle with SRI deals under updated frameworks

Adobe_EU_money_575x375_14Jan2021
By Burhan Khadbai
12 Apr 2021

Four public sector borrowers sold intraday trades in the euro market on Monday with the European Financial Stability Facility making a dent in its second quarter funding and three other issuers receiving impressive demand for socially responsible deals under their updated frameworks.

EFSF raised €4bn with a July 2026 euro benchmark at mid-swaps minus 10bp, 2bp inside of guidance, with a book of over €18.2bn (including €250m of joint lead manager interest), via Bank of America, LBBW and Société Générale.

It was EFSF’s first benchmark of the ...

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