By Angela McDaniels
Tacoma, Wash., Feb. 26 - European Bank for Reconstruction and Development said it priced 50 million Romanian new leu of 15½% global medium-term notes (Aaa/AAA/AAA) at 100.05 on Thursday.
The notes will mature March 2, 2011.
Interest is payable annually.
TD Securities is the lead manager.
The issuer said it has applied to list the notes on the London Stock Exchange.
Proceeds will be added to the bank's ordinary capital resources and used in its ordinary operations.
EBRD is a London-based development bank focused on Eastern Europe and the Commonwealth of Independent States.
| Issuer: | European Bank for Reconstruction and Development
|
| Amount: | 50 million Romanian new leu
|
| Issue: | Global medium-term notes
|
| Maturity: | March 2, 2011
|
| Coupon: | 15½%, payable annually
|
| Price: | 100.05
|
| Lead manager: | TD Securities
|
| Pricing date: | Feb. 26
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
© 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.
