Published on 1/16/2013 in the Prospect News Investment Grade Daily.
New Issue: Wells Fargo sells $100 million five-year floaters at Libor plus 60 bps
By Andrea Heisinger
New York, Jan. 16 - Wells Fargo & Co. priced $100 million of five-year floating-rate medium-term notes on Wednesday at par to yield Libor plus 60 basis points, according to a 424B5 filing with the Securities and Exchange Commission.
There is no call option.
Wells Fargo Securities LLC was the bookrunner.
The financial services company is based in San Francisco.
| Issuer: | Wells Fargo & Co.
|
| Issue: | Floating-rate medium-term notes
|
| Amount: | $100 million
|
| Maturity: | Jan. 24, 2018
|
| Bookrunner: | Wells Fargo Securities LLC
|
| Coupon: | Libor plus 60 bps
|
| Price: | Par
|
| Yield: | Libor plus 60 bps
|
| Call: | Non-callable
|
| Trade date: | Jan. 16
|
| Settlement date: | Jan. 24
|
© 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.
