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Prospect News home > News index > List of issuers A > Headlines for AA Bond Co. Ltd. > News item
Published on 11/28/2016 in the Prospect News High Yield Daily.

AA Bond guides £300 million notes due 2022 at 255 bps over Gilts

By Paul A. Harris

Portland, Ore., Nov. 28 – AA Bond Co. Ltd. is guiding a £300 million offering of A5 notes due 2022 at a 255 basis points spread to Gilts, according to a stabilization release posted on Monday.

The stabilization period is expected to begin Monday.

Credit Suisse Securities (Europe) Ltd., Lloyds Bank plc, Royal Bank of Scotland plc are the stabilization managers.

The prospective issuer is the United Kingdom's largest provider of roadside assistance service.


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