Omers Finance Trust launches $1 billion five-year notes to yield mid-swaps plus 18 bps

By Rebecca Melvin and Cristal Cody

New York, March 23 – Omers Finance Trust has launched $1 billion of notes due March 26, 2026 to yield mid-swaps plus 18 basis points, according to a market source on Tuesday.

The pricing was tightened from initial talk in the area of mid-swaps plus 21 bps.

The Rule 144A and Regulation S deal was being sold via BofA, BMO, RBC Capital Markets and TD Securities as the bookrunners.

Omers Finance is a Toronto-based financing arm of the Ontario Municipal Employees Retirement System.

© 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.