By Cristal Cody
Prospect News, Feb. 23 - Export Development Canada raised £100 million in a reopening of its 1% temporary global instruments due Dec. 8, 2014 at 100.609 to yield 0.779%, according to final terms.
The series 12-05 instruments (Aaa/AAA/) are redeemable at par.
Deutsche Bank AG and HSBC Bank plc were the bookrunners.
Proceeds will be used for corporate purposes.
Ottawa-based Export Development Canada provides financing, insurance and risk management to Canadian exporters and investors.
| Issuer: | Export Development Canada
|
| Amount: | £100 million reopening
|
| Maturity: | Dec. 8, 2014
|
| Securities: | Temporary global instruments
|
| Bookrunners: | Deutsche Bank AG, HSBC Bank plc
|
| Coupon: | 1%
|
| Price: | 100.609
|
| Yield: | 0.779%
|
| Call: | Not applicable
|
| Put: | Not applicable
|
| Pricing date: | Feb. 21
|
| Settlement date: | Feb. 23
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Distribution: | Regulation S, Tefra D
|
© 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.
