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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.”

 

Wolfgang Proissl

Wolfgang Proissl
Chief Spokesperson
 

+352 260 962 230

Anabela Reis

Anabela Reis
Senior Spokesperson / Financial Press Spokesperson
 

+352 260 962 551

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