Capital One Financial to sell senior notes via five bookrunners

By Devika Patel

Knoxville, Tenn., Jan. 24 – Capital One Financial Corp. expects to price dollar-denominated fixed-rate senior notes due 2024, according to a 424B5 filed with the Securities and Exchange Commission.

The notes are non-callable until one month prior to maturity and then feature a par call.

Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, Wells Fargo Securities LLC and Capital One Securities Inc. are the bookrunners.

Proceeds will be used for general corporate purposes, which may include debt repayment, common stock or other securities redemptions and repurchases, acquisitions, working capital, capital expenditures and investments.

Capital One is a McLean, Va.-based financial services company.

© 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.