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PSP Capital moves pricing for offering of seven-year notes to Tuesday
By Marisa Wong and Cristal Cody
Los Angeles, Oct. 19 – PSP Capital Inc. is expected to price its single-tranche offering of seven-year notes on Tuesday, a day later than initially announced, according to a market source.
PSP Capital held U.S. investor calls on Monday ahead of an offering of notes due Oct. 26, 2028 that were talked in the mid-swaps plus 19 basis points area.
BNP Paribas, Citigroup, Morgan Stanley and RBC are the bookrunners for the Rule 144A and Regulation S notes.
PSP Capital is the principal financing arm of the Ottawa-based Public Sector Pension Investment Board.
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