EFSF gets strong early momentum

Wed Feb 12, 2014 3:57am EST

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LONDON, Feb 12 (IFR) - Demand for the European Financial Stability Facility's new 10-year issue is approaching EUR4bn, according to a source.

The Aa1/AA/AA+ rated issuer opened books on Wednesday morning at 25bp area over mid-swaps, and that guidance remains unchanged.

Barclays, BNP Paribas and JP Morgan are lead managing the deal, which is expected to price later today. (Reporting by Helene Durand, editing by Julian Baker)

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