New Issue: Wachovia upsizes $250 million in two-year floaters to $500 million

By Andrea Heisinger

Omaha, Aug. 15 - Wachovia Corp. upsized its $250 million offering of two-year floating rate notes (Aa3/AA-) to $500 million Wednesday.

The notes priced at par with a coupon of Fed Funds open plus 30 basis points.

The original $250 million priced on Aug. 14.

The bookrunner was Wachovia Capital Markets, LLC.

Issuer:	Wachovia Corp.
Security description:	Floating-rate notes
Amount:	$500 million, upsized from $250 million
Maturity:	Aug. 20, 2009
Price:	Par
Spread:	Fed Funds open plus 30 bps
Ratings:	Moody's: Aa3
	Standard & Poor's: AA-
Bookrunner:	Wachovia Capital Markets, LLC
Trade date:	Aug. 14
Settlement date:	Aug. 20

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