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BFR Bbva Banco Frances S.A.

11.06
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bbva Banco Frances S.A. NYSE:BFR NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 11.06 0.00 01:00:00

ICO Prices EUR600 Million Bond Maturing in March 2016

10/09/2012 4:29pm

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Bbva Banco Frances (NYSE:BFR)
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Spain's state-owned business support group Instituto de Credito Oficial, or ICO, priced a 600 million euro ($767.2 million) three-and-a-half-year bond, one of the banks running the deal said Monday.

The bond priced at 65 basis points over the corresponding Spanish government bond.

BBVA, Credit Agricole SA, Goldman Sachs Group Inc. and Santander GBM were joint bookrunners.

 
Amount:           EUR600 million 
Maturity:         March 17, 2016 
Coupon:           4.5% 
Reoffer Price:    99.727 
Payment Date:     Sept. 17, 2012 
Spread:           65 basis points over the SPGBs 
Debt Ratings:     Baa3 (Moody's) 
                  BBB+ (Standard & Poor's) 
                  BBB  (Fitch) 
Interest:         Annual 
 

Write to Art Patnaude at art.patnaude@dowjones.com

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