New Issue: Rabobank sells $1.75 billion of 2.25% five-year senior notes at Treasuries plus 70 bps

By Aleesia Forni

Virginia Beach, Jan. 7 - Rabobank Group priced $1.75 billion of 2.25% senior notes on Tuesday (Aa2/AA-) with a spread of Treasuries plus 70 basis points, according to an informed source.

The notes were sold at the tight end of talk.

Barclays, Goldman Sachs & Co., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC were the joint bookrunners.

The financial services company is based in Utrecht, the Netherlands.

Issuer:	Rabobank
Amount:	$1.75 billion
Description:	Senior notes
Maturity:	2019
Bookrunners:	Barclays, Goldman Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC
Coupon:	2.25%
Spread:	Treasuries plus 70 bps
Trade date:	Jan. 7
Ratings:	Moody's: Aa2
	Standard & Poor's: AA-
Price talk:	Treasuries plus 75 bps area, tightened from low 80s bps area

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