Aareal Bank Prices EUR500 Million 3.25% Bond Maturing 2015
February 08 2012 - 10:38AM
Dow Jones News
Germany's Aareal Bank AG (ARL.XE) priced a EUR500 million,
senior unsecured bond, maturing August 2015, one of the banks
running the deal said Wednesday.
Commerzbank AG, DZ Bank, LBBW and UniCredit SpA were the lead
managers on the sale, which has the following terms:
Amount: EUR500 million
Maturity: August 17, 2015
Coupon: 3.25%
Reoffer Price: 99.734
Payment Date: Feb. 17, 2012
Spread: 200 basis points over midswaps
Debt Ratings: A- (Fitch)
Denominations: EUR1,000
Listing: Frankfurt
Interest: Annual
-By Ben Edwards, Dow Jones Newswires; 44-20-7842-9287;
ben.edwards@dowjones.com
Aareal Bank (PK) (USOTC:AAALY)
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