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NWB Northwest Air 9.5

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Share Name Share Symbol Market Type
Northwest Air 9.5 NYSE:NWB NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

NWB Guidance on GBP200 Million 3.5-Year FRN at Libor +0.55 Area

17/07/2012 12:49pm

Dow Jones News


Northwest Air 9.5 (NYSE:NWB)
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   By Ben Edwards 
 

Dutch agency borrower Nederlandse Waterschapsbank NV, or NWB, is planning a 200 million pound ($311.6 million) floating-rate note, maturing January 2016, one of the banks running the deal said Tuesday.

Price guidance is in the area of 55 basis points over the three-month sterling Libor.

Daiwa Capital Markets and Deutsche Bank AG are the lead managers of the sale.

The issuer is rated triple-A by all three of the major ratings companies.

Write to Ben Edwards at ben.edwards@dowjones.com


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