By Devika Patel and Cristal Cody
Knoxville, Tenn., March 4 – HCL America Inc. sold $500 million of 3.375% five-year notes on Wednesday, according to a market source.
The notes priced at Treasuries plus 75 basis points. The notes were talked in the Treasuries plus 100 bps area.
BofA Securities Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and Standard Chartered Bank were the bookrunners.
Based in Sunnyvale, Calif., HCL America provides informational technology, infrastructure management, software engineering, data center, and application development services.
| Issuer: | HCL America Inc.
|
| Issue: | Notes
|
| Amount: | $500 million
|
| Maturity: | March 10, 2026
|
| Bookrunners: | BofA Securities Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and Standard Chartered Bank
|
| Coupon: | 3.375%
|
| Spread: | Treasuries plus 75 bps
|
| Pricing date: | March 3
|
| Price guidance: | Treasuries plus 100 bps area
|
|
|
© 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.
