E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/11/2012 in the Prospect News Investment Grade Daily.

Astoria Financial preps $250 million deal of five-year senior notes

By Andrea Heisinger

New York, June 11 - Astoria Financial Corp. announced plans for a $250 million sale of five-year senior notes on Monday in filings with the Securities and Exchange Commission.

The notes (Baa2/BBB-/BBB-) are to be priced this week, according to an FWP filing with the SEC.

Jefferies & Co. and Sandler O'Neill & Partners LP are bookrunners.

Co-managers are Barclays Capital Inc., Evercore Partners and RBC Capital Markets LLC.

Proceeds are being used to repay $250 million of 5.75% notes due 2012 and for general corporate purposes.

The bank holding company is based in Lake Success, N.Y.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.