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 5/21/2008 in the Prospect News Investment Grade Daily.

New Issue: Wells Fargo prices $600 million 4% three-year notes at Treasuries plus 146 bps

By Andrea Heisinger

Omaha, May 21 - Wells Fargo & Co. priced $600 million 4% three-year medium-term notes on Tuesday to yield Treasuries plus 146 basis points, according to a 424B2 filing with the Securities and Exchange Commission.

The notes priced at 99.814 to yield 4.066%.

Citigroup Global Markets Inc. was the agent.

The financial services company is based in San Francisco.

Issuer:Wells Fargo & Co.
Issue:Medium-term notes
Amount:$600 million
Maturity:June 2, 2011
Agent:Citigroup Global Markets Inc.
Coupon:4%
Price:99.814
Yield:4.066%
Spread:Treasuries plus 146 bps
Trade date:May 20
Settlement date:May 28

© 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.