November 21, 2012 / 1:35 PM / 5 years ago

CORRECTED-New Issue-GIC Funding prices $500 mln 2017 bond

(Issuer name corrected to GIC Funding Ltd from Gulf Investment Bank and coupon 3.25 pct from 3.75 pct as per lead Manager)

November 21 (Reuters) -Following are terms and conditions

of a bond priced on Wednesday.

Borrower GIC Funding Ltd

Guarantor Gulf Investment Corporation

Issue Amount $500 million

Maturity Date November 28, 2017

Coupon 3.25 pct

Reoffer price 99.79

Spread 250 basis points

Underlying govt bond Over Mid-swaps

Payment Date November 28, 2012

Lead Manager(s) BNP Paribas, Citigroup, National Bank of Abu Dhabi

& Standard Chartered Bank

Ratings Baa2 (Moody’s), BBB (Fitch)

Listing Lux

Governing Law English

Full fees Undisclosed

Denoms (K) 200-1

Governing Law English

Notes Launched under issuer’s EMTN programme

Security details and RIC, when available, will be


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