• Most Popular
  • Most Shared

New Issue-Nordea Bank sells $2 bln in two parts

Thu Nov 5, 2009 4:56pm EST

Stocks

    
  Nov 5 (Reuters) - Nordea Bank AB (NDA.ST) on Thursday sold
$2 billion of senior bank notes in the 144a private placement
market, said IFR, a Thomson Reuters service.
  Bank of America, Goldman Sachs, and JP Morgan were the
joint bookrunning managers for the sale.
BORROWER: NORDEA BANK AB
FIRST TRANCHE:
AMT $500 MLN      COUPON 2.50 PCT     MATURITY 11/13/2012
TYPE SR NTS       ISS PRICE 99.716    FIRST PAY 5/13/2010
MOODY'S Aa2       YIELD 2.599 PCT     SETTLEMENT 11/13/2009
S&P AA-MINUS      SPREAD 120 BPS      PAY FREQ SEMI-ANNUAL
FITCH AA-MINUS     MORE THAN TREAS    NON-CALLABLE       
SECOND TRANCHE:
AMT $1.5 BLN      COUPON 3.70 PCT     MATURITY 11/13/2014
TYPE SR NTS       ISS PRICE 99.855    FIRST PAY 5/13/2010
MOODY'S Aa2       YIELD 3.732 PCT     SETTLEMENT 11/13/2009
S&P AA-MINUS      SPREAD 140 BPS      PAY FREQ SEMI-ANNUAL
FITCH AA-MINUS     MORE THAN TREAS    NON-CALLABLE

Stocks  |  Bonds  |  Global Markets  |  Financials
Stocks
Bonds
Global Markets
Financials


More from Reuters

Photo

Investors seen jumping the gun on airport security

BANGALORE (Reuters) - Investors' optimism surrounding the shares of airport security systems makers could be premature as interest in the companies' products after the Christmas Day plane scare is not expected to translate into immediate orders.

» More Top News
A hiring sign hangs in a window at PETCO in Falls Church, Virginia June 5, 2009.REUTERS/Kevin Lamarque

Dust off your resumes

Employers say they'll be adding headcount in the coming year. Here's where the jobs will be.  Full Article 

ECONOMY
Tiger Woods blows on his putter on the 10th hole during final round play of the Tournament Players Championship golf tournament at the TPC at Sawgrass in Ponte Vedra, Florida May 13, 2007.

Tiger's $12 billion scandal?

Shareholders of Tiger Woods' sponsors discover that along with the upside, there are big downside risks, too, a study shows.  Full Article 

Sports