New Issue: National Rural Utilities prices $325 million of floaters due 2015 at Libor plus 5 bps

By Aleesia Forni

Virginia Beach, April 1 - National Rural Utilities Cooperative Finance Corp. priced $325 million of floating-rate notes (A2/A/) at par to yield Libor plus 5 basis points, according to a FWP filed with the Securities and Exchange Commission.

U.S. Bancorp Investments Inc. was the agent.

The market lender for electric cooperatives is based in Herndon, Va.

Issuer:	National Rural Utilities Cooperative Finance Corp.
Amount:	$325 million
Description:	Senior notes
Maturity:	May 1, 2015
Bookrunner:	U.S. Bancorp Investments Inc.
Coupon:	Libor plus 5 bps
Price:	Par
Yield:	Libor plus 5 bps
Trade date:	April 1
Settlement date:	April 3
Ratings:	Moody's: A2
	Standard & Poor's: A
Distribution:	SEC-registered

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