Iberdrola Revises Guidance On 2018 Euro Bond To Swaps +2.40-2.45
March 27 2012 - 8:10AM
Dow Jones News
Spanish utility Iberdrola (IBDRY) has tightened price guidance
on its benchmark-size, euro-denominated bond, maturing October
2018, one of the banks running the deal said Tuesday.
Guidance is now 240-245 basis points over midswaps, and will
price in range.
Barclays PLC, Banca IMI, Banesto, CaixaBank, HSBC Holdings PLC,
Morgan Stanley and Royal Bank of Scotland Group PLC are the lead
managers of the sale.
The issuer is rated A3 by Moody's Investors Service Inc., and A-
by Standard & Poor's Corp.
-By Ben Edwards, Dow Jones Newswires; 44-20-7842-9287;
ben.edwards@dowjones.com (Alessandro Pasetti in London contributed
to this article.)
Caixabank (PK) (USOTC:CAIXY)
Historical Stock Chart
From Sep 2024 to Oct 2024
Caixabank (PK) (USOTC:CAIXY)
Historical Stock Chart
From Oct 2023 to Oct 2024