Dexia Credit talks two-year floaters at Libor plus 60 bps area

By Aleesia Forni

New York, March 15 – Dexia Credit Local set price talk for an offering of unsecured notes (Aa2/AAA) due March 23, 2018 in the Libor plus 60 basis points area, according to an informed source and a company news release.

Deutsche Bank Securities Inc. and BofA Merrill Lynch are the joint bookrunners.

The notes will be sold via Rule 144A and Regulation S.

The regional bank, focusing on sustainable development, is based in Brussels, Belgium.

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