By Cristal Cody
Prospect News, Sept. 7 - Export Development Canada sold TRY 28 million of 5¾% series 12-32 fixed-rate notes due Aug. 29, 2013 (Aaa/AAA/) at 99.965 to yield 5.7875%, according to final terms.
TD Securities Inc. was the dealer.
The notes were sold under Export Development Canada's U.S. dollar-denominated $20 billion debt instrument program.
Proceeds will be used for corporate purposes.
Export Development Canada has applied to have the notes listed on the London Stock Exchange plc's regulated market.
Ottawa-based Export Development Canada provides financing, insurance and risk management to Canadian exporters and investors.
| Issuer: | Export Development Canada
|
| Amount: | TRY 28 million
|
| Maturity: | Aug. 29, 2013
|
| Securities: | Fixed-rate notes
|
| Bookrunner: | TD Securities Inc.
|
| Coupon: | 5¾%
|
| Price: | 99.965
|
| Yield: | 5.7875%
|
| Redemption: | Par
|
| Put option: | Not applicable
|
| Pricing date: | Aug. 29
|
| Settlement date: | Sept. 7
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Distribution: | Regulation S
|
© 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.
