By Christine Van Dusen
Atlanta, Jan. 7 - Venezuela's Corporacion Andina de Fomento priced CHF 150 million 2% 10-year notes (Aa2/AA-/AA-) at 99.552 to yield mid-swaps plus 50 basis points, a market source said.
The notes were talked at a spread in the 50 bps area.
UBS was the bookrunner for the deal.
Corporacion Andina de Fomento is a lender based in Caracas, Venezuela.
| Amount: | CHF 150 million
|
| Maturity: | Feb. 5, 2024
|
| Description: | Notes
|
| Bookrunner: | UBS
|
| Coupon: | 2%
|
| Price: | 99.552
|
| Spread: | Mid-swaps plus 50 bps
|
| Trade date: | Jan. 7
|
| Settlement date: | Feb. 5
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA-
|
| Fitch: AA-
|
| Price talk: | Mid-swaps plus 50 bps area
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
