Pricoa Global Funding talks five-year FA-backed notes at Treasuries plus 65 bps area

By Cristal Cody

Tupelo, Miss., Aug. 25 – Pricoa Global Funding I plans to price five-year funding agreement-backed notes (Aa3/AA-AA-) on Tuesday, according to a market source.

Price guidance is in the Treasuries plus 65 basis points area.

BNP Paribas Securities Corp., HSBC Securities (USA) Inc. and U.S. Bancorp Investments, Inc. are the bookrunners.

Pricoa Global Funding I is a financing arm of Newark, N.J.-based Prudential Insurance Co. of America, Inc.

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