Chicago, June 23 – Agence Francaise de Developpement (AA/AA) priced $1 billion of 3.125% senior notes due 2024 at 99.773 to yield 3.244%, a market source reported.
The spread came on top of price talk at 22 basis points to SOFR mid-swaps after talk in the 22 bps area. Alternatively, the spread was 32.53 bps over Treasuries.
The Regulation S notes were sold by BNP Paribas Securities Corp., Daiwa Securities America Inc., Deutsche Bank Securities Inc. and Morgan Stanley.
The issuer provides development and financing assistance to developing countries.
| Issuer: | Agence Francaise de Developpement
|
| Amount: | $1 billion
|
| Issue: | Senior notes
|
| Maturity: | June 30, 2024
|
| Bookrunners: | BNP Paribas Securities Corp., Daiwa Securities America Inc., Deutsche Bank Securities Inc. and Morgan Stanley
|
| Coupon: | 3.125%
|
| Price: | 99.773
|
| Yield: | 3.244%
|
| Spread: | SOFR mid-swaps plus 22 bps, or Treasuries plus 32.53 bps
|
| Trade date: | June 23
|
| Settlement date: | June 30
|
| Distribution: | Regulation S
|
| Price talk: | SOFR mid-swaps plus 22 bps area
|
| ISIN: | FR001400BC90
|
|
|
© 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.
