Published on 9/18/2007 in the Prospect News Investment Grade Daily.
New Issue: Barclays prices $700 million two-year notes at federal funds plus 50 bps
By Andrea Heisinger
Omaha, Sept. 18 - Barclays Bank plc priced $700 million of two-year global floating-rate notes at par to yield federal funds open rate plus 50 basis points on Tuesday, a market source said.
The notes (Aa1/AA) are non-callable.
Barclays Capital Inc. was the bookrunner.
| Issuer: | Barclays Bank PLC
|
| Issue: | Global floating-rate notes
|
| Amount: | $700 million
|
| Maturity: | Sept. 21, 2009
|
| Bookrunner: | Barclays Capital Inc.
|
| Coupon: | Federal funds open plus 50 bps
|
| Price: | Par
|
| Yield: | Federal funds open plus 50 bps
|
| Call: | Non-callable
|
| Trade date: | Sept. 18
|
| Settlement date: | Sept. 21
|
| Ratings: | Moody's: Aa1
|
| Standard & Poor's: AA
|
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