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EFSF issues 30-year €1.5bn bond

10/02/2015
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Press releases

EFSF

Luxembourg –The European Financial Stability Facility (EFSF) placed today a €1.5 billion 30-year bond maturing on 17 February 2045. The issuance spread was fixed at mid swap plus four basis points. This implies a reoffer yield for investors of 1.229%. The coupon rate is 1.2%.

DZ Bank AG, Goldman Sachs and RBS acted as lead managers. The issuance attracted very strong demand, just shy of €2 billion in orders received from investors worldwide. This transaction completes the EFSF funding target for the first quarter of 2015 and also places €0.5 billion that was scheduled for the second quarter.

Christophe Frankel, CFO and Deputy CEO said:

“Today’s transaction was placed with historically low yields. The strong appetite from our investor base demonstrates their continuous confidence in the EFSF and its guarantors.”

 

Anabela Reis

Anabela Reis
Acting Head of Communications and Acting Chief Spokesperson
 

+352 260 962 551

 Niels Bünemann

Niels Bünemann
Senior Spokesperson
 

+352 260 962 392

George Matlock

George Matlock
Senior Financial Spokesperson
 

+352 260 962 232

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