This first three-year bond placed by the EFSF was met with strong demand, with orders received close to €4.5 billion from investors around the world. Credit Suisse, Deutsche Bank and Société Générale CIB acted as lead managers for this issue and Deutsche Finanzagentur acted as Issuance Agent.
Christophe Frankel, Deputy CEO and CFO stated: “The continued support from our investors shows that EFSF has established itself as a quality supranational issuer”. In 2012, the combined total funding requirements for Ireland and Portugal amount to €24 billion. The proceeds from today’s bond issue will be disbursed to Ireland and Portugal in the coming weeks.
Press release
© EFSF - European Financial Stability Facility
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