By Cristal Cody
Prospect News, Dec. 14 - Export Development Canada (Aaa/AAA/) sold £250 million of fixed-rate debt instruments due Sept. 13, 2012 at par to yield 0.69%, according to a final term sheet.
The deal was non-syndicated. The Royal Bank of Scotland was the dealer.
Export Development Canada has applied to list the series 11-37 instruments for trading on the London Stock Exchange plc's regulated market.
Proceeds of the offering will be used for corporate purposes.
Ottawa-based Export Development Canada provides financing, insurance and risk management to Canadian exporters and investors expanding international operations.
| Issuer: | Export Development Canada
|
| Amount: | £250 million
|
| Maturity: | Sept. 13, 2012
|
| Securities: | Debt instruments
|
| Dealer: | Royal Bank of Scotland
|
| Coupon: | 0.69%
|
| Price: | Par
|
| Yield: | 0.69%
|
| Call feature: | Not applicable
|
| Put option: | Not applicable
|
| Pricing date: | Dec. 13
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Distribution: | London
|
© 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.
