NWB Plans Euro 5-Year Benchmark Bond, Pricing Swaps +0.60-0.65
January 09 2012 - 5:17AM
Dow Jones News
Nederlandse Waterschapsbank NV, also known as NWB Bank, is
planning a euro-denominated, benchmark five-year bond, one of the
banks leading the deal said Monday.
Initial price guidance is set between 60 and 65 basis points
over midswaps, one of the banks managing the deal said.
Barclays Plc, Citigroup Inc. and Natixis SA are lead managers on
the triple-A rated issue, which is expected to price later
Monday.
-By Serena Ruffoni, Dow Jones Newswires; +44 (0) 207 842 9349;
serena.ruffoni@dowjones.com
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