Barclays Prices $2 Billion 5% 7-Year Bonds At Treasurys +200
September 17 2009 - 5:02PM
Dow Jones News
Barclays PLC (BCS) priced $2 billion of senior global notes in a
self-led deal on Thursday, according to market participants
familiar with the deal.
Terms were as follows:
Amount: $2 billion
Maturity: 2016
Coupon: 5%
Price: Par
Yield: 5%
Spread: 200 basis points over Treasurys
Settlement: 2009 (flat)
Ratings: Aa3 (Moody's Investors Service)
AA- (Standard & Poor's)
-By Kellie Geressy-Nilsen, Dow Jones Newswires; (212) 416-2225;
kellie.geressy@dowjones.com