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StateEurope
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ClientCouncil of Europe Development Bank
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Implementation date2021
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VolumeEUR 20 mln
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Field of activityOther
- International Bank for Economic Co-operation took part in the IPO of the 10-year bonds of the Council of Europe Development Bank. The organizers of the placement, represented by the global investment banks: Goldman Sachs, Deutsche Bank, BNP Paribas, HSBC, satisfied the IBEC's application for EUR 20 million. The total volume of the issue is EUR 1 billion. The funds raised through the placement of bonds will be used to finance the statutory activities of the bank, to support existing and new projects.