Royal Bank of Scotland Group plc : LeasePlan Prices EUR700 Million 2013 FRN At 99.829
02/06/2012 | 09:55am Dutch financial institution LeasePlan Corporation NV has priced its EUR700 million, 21-month floating-rate note at 250 basis points over three-month Euribor, one of the banks running the deal said Monday.
That is exactly in line with initial guidance.
Royal Bank of Scotland Group PLC, Deutsche Bank AG, DZ Bank and JPMorgan Chase & Co. were the lead managers on the sale.
The issuer is rated A3 by Moody's Investors Service Inc., BBB+ by Standard & Poor's Corp. and A- by Fitch Ratings.
Amount: EUR700 million
Maturity: November 13, 2013
Reoffer Price: 99.829
Payment Date: February 13, 2012
Spread: 250 basis points over the three-month Euribor
Debt Ratings: A3 (Moody's)
BBB+(Standard & Poor's)
A- (Fitch)
Denominations: EUR100,000
Listing: Amsterdam
-By Sarka Halas, Dow Jones Newswires; +44 (0) 207 842 9236; Sarka.Halasova@dowjones.com
