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Abbey National to sell $500 million five-year notes offering Tuesday
By Aleesia Forni
Virginia Beach, Va., Aug. 20 - Abbey National Treasury Services plc is planning to price a $500 million offering of notes due 2018 on Tuesday, according to an informed source and a filing with the Securities and Exchange Commission.
The notes will be guaranteed by parent company Santander UK plc.
BofA Merrill Lynch, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, Santander and Wells Fargo Securities LLC are the joint bookrunners.
Proceeds will be used for general corporate purposes.
The financial services companies are based in London.
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