By Aleesia Forni
Virginia Beach, Nov. 19 – The European Bank for Reconstruction and Development (EBRD) priced $1 billion of five-year notes (Aaa/AAA/AAA) at mid-swaps flat, according to a market source.
The notes sold in line with talk.
BNP Paribas Securities Corp., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc. and RBC Capital Markets LLC were the bookrunners.
The lender to banks, businesses and industries is based in London.
Issuer: | European Bank for Reconstruction and Development
|
Amount: | $1 billion
|
Description: | Notes
|
Maturity: | 2019
|
Bookrunners: | BNP Paribas Securities Corp., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., RBC Capital Markets LLC
|
Coupon: | 1.75%
|
Spread: | Mid-swaps flat
|
Trade date: | Nov. 19
|
Ratings: | Moody’s: Aaa
|
| Standard & Poor's: AAA
|
Price talk: | Mid-swaps flat 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.