By Andrea Heisinger
Omaha, Feb. 25 - Allstate Life Global Funding priced $250 million two-year floating-rate medium-term notes at par to yield three-month Libor plus 60 basis points, according to a 424B5 filing with the Securities and Exchange Commission.
The notes (Aa2/AA) are non-callable.
Interest will be payable quarterly.
Agents were Merrill Lynch, Pierce, Fenner & Smith Inc. and Morgan Stanley & Co. Inc.
The insurance company is based in Northbrook, Ill.
| Issuer: | Allstate Life Global Funding
|
| Issue: | Floating-rate medium-term notes
|
| Amount: | $250 million
|
| Maturity: | Feb. 26, 2010
|
| Agents: | Merrill Lynch, Pierce, Fenner & Smith Inc., Morgan Stanley & Co. Inc.
|
| Coupon: | Three-month Libor plus 60 bps
|
| Price: | Par
|
| Yield: | Three-month Libor plus 60 bps
|
| Call: | Non-callable
|
| Trade date: | Feb. 21
|
| Settlement date: | Feb. 28
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA
|
© 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.
