Published on 3/11/2014 in the Prospect News Investment Grade Daily.
New Issue: Agence Francaise de Developpement prices $1 billion 2% five-year notes
By Aleesia Forni
Virginia Beach, March 11 - Agence Francaise de Developpement priced $1 billion of five-year notes on Tuesday with a spread of mid-swaps plus 34 basis points, according to an informed source and a company news release.
Pricing was at 99.597 to yield 2.086%.
BNP Paribas Securities Corp., Daiwa, Deutsche Bank Securities Inc. and Societe Generale were the joint bookrunners.
The issuer provides development and financing assistance to developing countries.
Issuer: | Agence Francaise de Developpement
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Amount: | $1 billion
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Description: | Notes
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Maturity: | March 18, 2019
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Bookrunners: | BNP Paribas Securities Corp., Daiwa, Deutsche Bank Securities Inc., Societe Generale
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Coupon: | 2%
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Price: | 99.597
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Yield: | 2.086%
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Spread: | Mid-swaps plus 34 bps
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Trade date: | March 11
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Settlement date: | March 18
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