print Share page with AddThis

EFSF mandates Credit Suisse, Deutsche Bank and Société Générale CIB as joint lead managers for its next issue

03/01/2012
|

Press releases

EFSF

Luxembourg - The European Financial Stability Facility (EFSF) announces the appointment of Credit Suisse, Deutsche Bank and Société Générale Corporate & Investment Banking as joint lead managers for its next issue. The banks have been chosen from the 47 banks that comprise the EFSF Market Group. The scheduled €3 billion 3-year benchmark bond is due to be launched shortly, subject to market conditions. The proceeds will be used in conjunction with the financial assistance programmes for Republic of Ireland and Republic of Portugal.

This will be EFSF's first 3-year bond. It completes issuances on the short term by the EFSF's recently-launched bill programme and the 5- and 10-year benchmark issues placed last year. Christophe Frankel, CFO and Deputy CEO of EFSF stated "we will continue to provide our investors with opportunities across the full yield curve in 2012".

Wolfgang Proissl

Wolfgang Proissl
Chief Spokesperson
 

+352 260 962 230

Anabela Reis

Anabela Reis
Senior Spokesperson / Financial Press Spokesperson
 

+352 260 962 551

Section for US QIB Investors Subscribe to ESM News