NWB Sets Guidance On 10-Year Euro Bond At Swaps +0.60 Area
March 21 2012 - 6:05AM
Dow Jones News
Dutch agency borrower Nederlandse Waterschapsbank NV has set
price guidance on its benchmark-size, euro-denominated, 10-year
bond, one of the banks running the deal said Wednesday.
Initial guidance is in the area of 60 basis points over
midswaps.
BNP Paribas SA, JPMorgan Chase & Co. and UBS AG are the lead
managers of the sale.
The issuer is rated triple-A by all three of the major ratings
companies.
-By Ben Edwards, Dow Jones Newswires, 44 20 7842 9287;
ben.edwards@dowjones.com
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