By Cristal Cody
Prospect News, Sept. 7 - Export Development Canada sold TRY 28 million of 5.75% series 12-32 fixed-rate notes due Aug. 29, 2013 (Aaa/AAA/) at 99.965 to yield 5.7875%, according to final terms.
TD Securities Inc. was the dealer.
The notes were sold under Export Development Canada's U.S. dollar-denominated $20 billion debt instrument program.
Proceeds will be used for corporate purposes.
Export Development Canada has applied to have the notes listed on the London Stock Exchange plc's regulated market.
Ottawa-based Export Development Canada provides financing, insurance and risk management to Canadian exporters and investors.
Issuer: | Export Development Canada
|
Amount: | TRY 28 million
|
Maturity: | Aug. 29, 2013
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Securities: | Fixed-rate notes
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Bookrunner: | TD Securities Inc.
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Coupon: | 5.75%
|
Price: | 99.965
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Yield: | 5.7875%
|
Redemption: | Par
|
Put option: | Not applicable
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Pricing date: | Aug. 29
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Settlement date: | Sept. 7
|
Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
Distribution: | Regulation S
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