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European Stability Mechanism eyes benchmark notes due 2025
By Devika Patel
Knoxville, Tenn., Sept. 2 – The European Stability Mechanism (Aa1//AAA) plans to issue fixed-rate benchmark notes due 2025 in a Rule 144A and Regulation S offering, according to a market announcement.
TD Global Finance is the stabilization coordinator, and Credit Agricole CIB and Goldman Sachs International are stabilization managers.
The European Stability Mechanism is a Luxembourg-based intergovernmental organization that provides financial assistance to member states.
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