An issuer with an open mind

Issuer: Banque Générale du Luxembourg

Issuer: Banque Générale du Luxembourg

Amount: $2 billion

Launched: November 28 1996

Lead manager: Merrill Lynch

“It’s not that they will look at quite anything,” says Henry Nevstad at Deutsche Morgan Grenfell, “but it’s pretty close to that.” He is talking about the $2 billion Euro-MTN programme run by Banque Générale du Luxembourg (BGL) which has been both busy and innovative since its launch 13 months ago.

“My phone has been exploding,” says Philip Inghelbrecht, who is in charge of the programme’s day-to-day running.

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