By William Gullotti and Cristal Cody
Buffalo, N.Y., April 28 – Anglo American Capital plc priced $900 million of 5.5% 10-year notes on Thursday at a spread of 205 basis points over Treasuries, according to a market source.
Pricing came tighter than initial talk in the Treasuries plus 230 bps area.
BMO, Goldman Sachs, HSBC and Scotia Capital were the bookrunners.
The company is a financing arm of London-based mining company Anglo American plc.
| Issuer: | Anglo American Capital plc
|
| Amount: | $900 million
|
| Issue: | Notes
|
| Maturity: | May 2, 2033
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| Bookrunners: | BMO, Goldman Sachs, HSBC and Scotia Capital
|
| Coupon: | 5.5%
|
| Spread: | Treasuries plus 205 bps
|
| Trade date: | April 27
|
| Price talk: | Treasuries plus 230 bps area
|
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