By Emese Bartha

The Grand Duchy of Luxembourg has hired banks as joint lead managers for the syndicated issue of a new 10-year euro senior unsecured benchmark fixed-rate transaction, with the note due February 2027, said one of the lead managers in a deal announcement on Monday.

The notes will be launched in the near future, subject to market conditions, it said, adding that a global investor call will be held on Tuesday.

The banks hired for the transaction are BCEE, BGL, BNP Paribas, BIL, Bank of China, Deutsche Bank and Societe Generale CIB.

Write to Emese Bartha at emese.bartha@wsj.com

(END) Dow Jones Newswires

January 23, 2017 05:01 ET (10:01 GMT)

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