NWB Bank Prices USD Denominated Benchmark Three-Year Bond
11 October 2011 - 11:40PM
Dow Jones News
Nederlandse Waterschapsbank NV, also known as NWB Bank, plans a
benchmark, dollar-denominated three-year bond, in the area of 40
basis points over midswaps, one of the banks leading the sale said
Tuesday.
Barclays PLC, Deutsche Bank AG and Morgan Stanley are lead
managers on the transaction, which is expected to be priced later
Tuesday.
The issuer is rated Aaa by Moody's Investors Services Inc. and
AAA by Standard & Poor's Corp.
-By Sarka Halas, Dow Jones Newswires; +44 (0)207 842 9236;
Sarka.Halasova@dowjones.com
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