Bank Nederlandse talks benchmark three-year notes at mid-swaps plus 30 bps area; pricing Tuesday

By Aleesia Forni

Virginia Beach, Oct. 19 – Bank Nederlandse Gemeenten NV set price talk for a planned benchmark offering of notes (Aaa/AA+) due Oct. 29, 2018 in the area of mid-swaps plus 30 basis points, according to a market source.

The deal is set to price on Tuesday.

The bookrunners are Morgan Stanley & Co. LLC, Nomura, RBC Capital Markets LLC and TD Securities.

The local government funding agency is based in the Hague, the Netherlands.

© 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.