By Andrea Heisinger
New York, Jan. 19 - The Private Export Funding Corp. reopened its issue of 4.375% notes due March 15, 2019 on Wednesday to add $100 million, a market source away from the deal said.
The notes (Aaa/AA+/) were sold at 106.561 to yield 3.443% with a spread of Treasuries plus 10 basis points. They are non-callable.
U.S. Bancorp Securities LLC was the bookrunner.
The company assists with financing U.S. exports through private capital and is based in New York City.
| Issuer: | Private Export Funding Corp.
|
| Issue: | Notes
|
| Amount: | $100 million, reopened
|
| Maturity: | March 15, 2019
|
| Bookrunner: | U.S. Bancorp Securities LLC
|
| Coupon: | 4.375%
|
| Price: | 106.561
|
| Yield: | 3.443%
|
| Spread: | Treasuries plus 10 bps
|
| Call: | Non-callable
|
| Trade date: | Jan. 19
|
| Settlement date: | Jan. 26
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AA+
|
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