By Christine Van Dusen
Atlanta, Jan. 10 - Philippines-based International Container Terminal Services Inc. subsidiary ICTSI Treasury BV priced a $300 million issue of 4 5/8% notes due Jan. 16, 2023 at 99.014 to yield 4¾%, a market source said.
HSBC and UBS were the bookrunners for the Regulation S deal.
The notes are part of a medium-term note program of up to $750 million.
International Container is a Manila, Philippines-based port operator.
| Issuer: | ICTSI Treasury BV
|
| Amount: | $300 million
|
| Maturity: | Jan. 16, 2023
|
| Description: | Senior notes
|
| Bookrunners: | HSBC, UBS
|
| Coupon: | 4 5/8%
|
| Price: | 99.014
|
| Yield: | 4¾%
|
| Trade date: | Jan. 10
|
| Settlement date: | Jan. 16
|
| Distribution: | Regulation S
|
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