By Andrea Heisinger
Omaha, May 27 - Wachovia Corp. reopened its issue of two-year senior global floating-rate notes on Tuesday to add $50 million, an informed source said.
The notes are priced at 100.025 with a coupon of three-month Libor plus 90 basis points.
Total issuance is now $1.25 billion, including $1.2 billion issued on May 14.
Wachovia Capital Markets was the bookrunner.
The financial services company is based in Charlotte, N.C.
| Issuer: | Wachovia Corp.
|
| Issue: | Senior global floating-rate notes
|
| Amount: | $50 million reopened
|
| Maturity: | May 14, 2010
|
| Bookrunner: | Wachovia Capital Markets
|
| Coupon: | Three-month Libor plus 90 bps
|
| Price: | 100.025
|
| Trade date: | May 27
|
| Settlement date: | May 30
|
| Total issuance: | $1.25 billion, including $1.2 billion issued May 14
|
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