By Aaron Hochman-Zimmerman
New York, July 17 - Gulf Finance House completed the sale of $200 million of five-year floating-rate notes (BBB-) at Libor plus 125 basis points, according to a source close to the deal.
The deal sold at par and matched the initial guidance.
Dresdner Kleinwort and HSBC were the bookrunners.
Gulf Finance is a Manama, Bahrain-based investment bank.
| Issuer: | Gulf Finance House
|
| Amount: | $200 million
|
| Issue: | Five-year floating-rate notes
|
| Maturity: | July 26, 2012
|
| Bookrunners: | HSBC, Dresdner Kleinwort
|
| Coupon: | Libor plus 125 bps
|
| Price: | Par
|
| Yield: | Libor plus 125 bps
|
| Pricing date: | July 17
|
| Settlement date: | July 26
|
| Rating: | Standard & Poor's: BBB-
|
© 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.
