New Issue: Pricoa Global Funding sells $350 million 1.9% three-year notes at 87.5 bps spread

By Aleesia Forni

Virginia Beach, Sept. 14 – Pricoa Global Funding I priced $350 million of 1.9% three-year notes (A1/AA-/A+) on Monday to yield Treasuries plus 87.5 basis points, an informed source said.

The sale was done under Rule 144A and Regulation S.

Bookrunners were Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Wells Fargo Securities LLC.

The unit of financial services company Prudential Financial, Inc. is based in Newark, N.J.

Issuer:	Pricoa Global Funding I
Issue:	Notes
Amount:	$350 million
Maturity:	Sept. 21, 2018
Bookrunners:	Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Wells Fargo Securities LLC
Coupon:	1.9%
Spread:	Treasuries plus 87.5 bps
Trade date:	Sept. 14
Ratings:	Moody's: A1
	Standard & Poor's: AA-
	Fitch: A+
Distribution:	Rule 144A, Regulation S

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