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New Issue- Land NRW adds 50 mln stg to 2016 FRN
December 3 |
December 3(Reuters) -Following are terms and conditions
of an FRN increased on Monday.
Borrower German State of North Rhine - Westphalia
(Land NRW)
Issue Amount 50 million sterling
Maturity Date May 23, 2016
Coupon 3-month Libor + 64bp
Reoffer price 101.228
Discount Margin 3-month Libor + 28bp
Payment Date December 12, 2012
Lead Manager(s) Daiwa, Deutsche Bank & HSBC
Ratings Aa1 (Moody's)
Listing Luxembourg
Full fees Undisclosed
Denoms (K) 1
Notes The issue size will total 550 million sterling
when fungible
ISIN XS0783383853
Security details and RIC, when available, will be
on
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performance analysis of this new issue
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Data supplied by International Insider.
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