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JPMmorgan, Citibank, six others cleared for next bond sale - EU Commission source

Credit: REUTERS/Eduardo Munoz

Nomura, Unicredit, Credit Agricole, JPMorgan, Citibank, Barclays, Bank of America and Deutsche Bank can take part in the next syndicated debt sale backing the European Commission's up to 800-billion-euro ($950.7 billion) COVID-19 recovery fund, a Commission source said on Friday.

BRUSSELS, June 18 (Reuters) - Nomura, Unicredit CRDI.MI, Credit Agricole CAGR.PA, JPMorgan JPM.N, Citibank C.N, Barclays BARC.L, Bank of America BAC.N and Deutsche Bank DBKGn.DE can take part in the next syndicated debt sale backing the European Commission's up to 800-billion-euro ($950.7 billion) COVID-19 recovery fund, a Commission source said on Friday.

The EU executive is still assessing the other two banks banned from bond sale, the source said.

(Reporting by Foo Yun Chee in Brussels and Yoruk Bahcelli in London; editing by Louise Heavens)

((foo.yunchee@thomsonreuters.com; +32 2 287 6844; Reuters Messaging: foo.yunchee.thomsonreuters.com@reuters.net))

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