By Reshmi Basu
New York, Dec. 21 - Tel Aviv-based Bank Leumi le-Israel BM issued $112.5 million of seven-year subordinated floating rate notes under its euro medium-term note program.
The notes will bear an interest rate of six-month Libor plus 50 basis points.
The notes were issued via the bank's Netherlands subsidiary, Leumi International Investments NV.
Proceeds will be used for the bank's long-term financial needs.
| Issuer: | Leumi International Investments NV
|
| Amount: | $112.5 million
|
| Issue: | Subordinated floating-rate notes
|
| Maturity: | 2012
|
| Coupon: | Six-month Libor plus 50 basis points
|
| Pricing date: | Dec. 20
|
|
|
© 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.
