On 10 September 2025, the Grand Duchy of Luxembourg returned successfully to the Euro debt capital markets with the issuance of Bonds in an aggregate amount of EUR 2.5 billion, providing the Luxembourg government with additional liquidity. Markets reacted positively to the issuance of the Bonds, with a large oversubscription.
The newly issued Bonds will be listed on Luxembourg Stock Exchange.
Elvinger Hoss Prussen advised BofA Securities, Banque et Caisse d'Épargne de l'État, Crédit Agricole Corporate and Investment Bank, Deutsche Bank and Société Générale as joint lead managers on this transaction and implemented the bond issuance by the Grand Duchy of Luxembourg.
The team was composed of partner Philippe Hoss, senior associate Ben Reckinger and associate Camie Davin.