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

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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