New issue: Royal Bank of Scotland prices $2 billion in floaters at Libor plus 15 bps

By Andrea Heisinger

Omaha, Aug. 20 - Royal Bank of Scotland Group plc priced a $2 billion offering of senior floating rate notes at Libor plus 15 basis points Monday.

The notes (Aa1/AA-) priced at par and were sold under Rule 144A and Regulation S.

Bookrunners are Greenwich Capital Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Inc. and Goldman, Sachs & Co.

Issuer:	The Royal Bank of Scotland Group PLC
Security description:	Senior floating-rate notes
Amount:	$2 billion
Maturity:	Aug. 21, 2009
Coupon:	Libor plus 15 bps
Price:	Par
Yield:	Libor plus 15 bps
Ratings:	Moody's: Aa1
	Standard & Poor's: AA-
Bookrunners:	Greenwich Capital Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Inc., Goldman, Sachs & Co.
Pricing date:	Aug. 20
Settlement date:	Aug. 21

© 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.