(Corrects to add lead manager)
NEW YORK Nov 23 Canadian Western Bank (CWB.TO)
sold C$300 million ($294 million) of fixed-rate/floating-rate
notes on Tuesday, according to a term sheet seen by Reuters.
The notes have an initial maturity of Nov. 30, 2015, and a
fixed interest rate of 4.389 percent and were priced at par to
yield 200.2 basis points over the Canadian government
After the initial maturity date, the interest rate floats
until Nov. 30, 2020.
The investment dealer arms of Royal Bank of Canada and
National Bank of Canada were the lead managers of the sale,
according to the term sheet.