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Published on 6/4/2009 in the Prospect News Investment Grade Daily.

New Issue: Pricoa Global Funding $500 million 5.45% five-year notes yield Treasuries plus 295 bps

By Andrea Heisinger

New York, June 4 - Pricoa Global Funding sold $500 million 5.45% five-year notes Thursday to yield Treasuries plus 295 basis points, a market source said.

Full terms were not available at press time for the deal, which was sold via Rule 144A.

Deutsche Bank Securities Inc., UBS Investment Bank and Wachovia Capital Markets LLC were bookrunners.

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

Issuer:Pricoa Global Funding
Issue:Notes
Amount:$500 million
Maturity:2014
Bookrunners:Deutsche Bank Securities Inc., UBS Investment Bank, Wachovia Capital Markets LLC
Coupon:5.45%
Spread:Treasuries plus 295 bps
Trade date:June 4
Distribution:Rule 144A

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