By Sheri Kasprzak
New York, Dec. 10 - The New Hampshire Higher Education Loan Corp. sold $239,515,000 of series 2012-1 Libor floating-rate notes, according to a pricing sheet.
The notes (/AA+(sf)/AAA(sf)) were sold through RBC Capital Markets LLC.
The notes are due 2028 and bear interest at one-month Libor plus 50 basis points.
Proceeds will be used to make student loans to qualified New Hampshire residents.
| Issuer: | New Hampshire Higher Education Loan Corp.
|
| Issue: | Series 2012-1 Libor floating-rate notes
|
| Amount: | $239,515,000
|
| Maturity: | Oct. 25, 2028
|
| Coupon: | One-month Libor plus 50 bps
|
| Price: | 100
|
| Type: | Negotiated
|
| Underwriter: | RBC Capital Markets LLC (lead)
|
| Ratings: | Standard & Poor's: AA+(sf)
|
| Fitch: AAA(sf)
|
| Pricing date: | Dec. 5
|
| Settlement date: | Dec. 19
|
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