By Andrea Heisinger
Omaha, July 10 - Lloyds TSB Group priced $3.25 billion in extendible floating-rate notes Thursday, market sources said.
The notes have a final maturity of 2013 and priced at par with an initial coupon of three-month Libor plus 30 bps.
The issue priced under Rule 144A.
Morgan Stanley & Co., Inc. and Goldman Sachs & Co. were bookrunners.
The bank is based in London.
| Issuer: | Lloyds TSB Group
|
| Issue: | Extendible floating-rate notes
|
| Amount: | $3.25 billion
|
| Maturity: | 2013 (final)
|
| Bookrunners: | Morgan Stanley & Co., Inc., Goldman Sachs & Co.
|
| Coupon: | Three-month Libor plus 30 bps (initial)
|
| Price: | Par
|
| Distribution: | Rule 144A |
|
| Trade date: | July 10
|
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