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NWB Northwest Air 9.5

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Last Updated: -
Delayed by 15 minutes
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 Prices EUR500 Million 3.25% 2027 Bond At 99.427

02/03/2012 1:05pm

Dow Jones News


Northwest Air 9.5 (NYSE:NWB)
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Dutch agency borrower Nederlandse Waterschapsbank NV has priced its EUR500 million, 15-year bond, at 75 basis points over midswaps, one of the banks running the deal said Friday.

BNP Paribas SA and JPMorgan Chase & Co. were the lead managers on the sale.

The terms of the transaction are as follows:

 
Amount:           EUR500 million 
Maturity:         March 9, 2027 
Coupon:           3.25% 
Reoffer Price:    99.427 
Payment Date:     March 9, 2012 
Spread:           75 basis points over midswaps 
Debt Ratings:     Aaa (Moody's) 
                  AAA (Standard & Poor's) 
                  AAA (Fitch) 
Denominations:    EUR100,000 
Listing:          Luxembourg 
Interest:         Annual 

- By Sarka Halas, Dow Jones Newswires; +44 (0) 207 842 9236; Sarka.Halasova@dowjones.com

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