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Wednesday, 18 October 2017

Guidance on €1bn EFSF tap set at MS+105bp area

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  • EFSF (l)

Price guidance on a €1bn tap of the European Financial Stability Facility’s March 2032 bond has been set at mid-swaps +105bp area, bankers said.

Earlier on Thursday, the EFSF mandated Barclays, Goldman Sachs and UniCredit to run the deal, which will take the total size of the outstanding bond to €2.5bn.

(For more spot news and commentary on the capital markets, go to www.ifrmarkets.com)

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