Investment-blog.net: Emerging markets, Real Estate, Personal finance, Business management, Politics, Economics

CORRECT: EIB Pricing Should Happen Wednesday

By Daniel at 26 August, 2008, 8:23 am

CORRECT: EIB Pricing Should Happen Wednesday

Last Update: 8/26/2008 5:52:43 AM

LONDON (Dow Jones)–The European Investment Bank has set price guidance on its
forthcoming three-year, $4 billion global bond at 35 basis points under 3-month
Libor, said one of the banks involved in the deal Tuesday.

JP Morgan (JPM), Barclays PLC (BCS) and Citigroup Inc. (C) have been hired as
joint-lead managers on the deal, which should price on Wednesday, said the bank.

EIB is rated triple-A by all the agencies.

-By Sonja Cheung, Dow Jones Newswires; +44 20 7842 9315;
sonja.cheung@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today’s most
important business and market news, analysis and commentary:
http://www.djnewsplus.com/al?rnd=Vuaqfr0k0EjFVgItPQ%2F8FA%3D%3D. You can use this
link on the day this article is published and the following day.

The European Investment Bank has set price guidance on its forthcoming
three-year, $4 billion global bond at 35 basis points under 3-month Libor, said
one of the banks involved in the deal Tuesday.

(In an item published at 0735 GMT, titled “EIB Pricing 3-Yr $4B Global Bond At
Libor -0.35″, the days were misstated.)

Click here to go to Dow Jones NewsPlus, a web front page of today’s most
important business and market news, analysis and commentary:
http://www.djnewsplus.com/al?rnd=Vuaqfr0k0EjFVgItPQ%2F8FA%3D%3D. You can use this
link on the day this article is published and the following day.

The European Investment Bank has set price guidance on its forthcoming
three-year, $4 billion global bond at 35 basis points under 3-month Libor, said
one of the banks involved in the deal Tuesday.

JP Morgan (JPM), Barclays PLC (BCS) and Citigroup Inc. (C) have been hired as
joint-lead managers on the deal, which should price Wednesday, said the bank.

(”EIB Pricing 3-Yr $4B Global Bond At Libor -0.35″, published at 0735 GMT,
incorrectly stated the pricing day. It was then omitted from a subsequent
correction.)

Did you like this? Please If so, please bookmark it,
forward it
to everyone you know, and subscribe to the blog RSS feed.

InvestmentWatch relies on the financial support of its readers.

Your endorsement is greatly appreciated!

Don't Miss out, Subscribe To My Feed!

Possibly Related Posts:


Did you like this? If so, please bookmark it,
tell a friend
about it, and subscribe to the blog RSS feed.Share this Post[?]
        
Categories : Market Outlook


No comments yet.

Leave a comment