NWG Natwest Group Plc

305.00

1.80 (0.59%)

03 May 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Natwest Group Plc	LSE:NWG	London	Ordinary Share	GB00BM8PJY71	ORD 107.69P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	1.80	0.59%	305.00	304.30	304.50	307.20	304.00	304.90	12,445,640	16:35:22

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Commercial Banks, Nec	14.77B	4.64B	0.5271	5.77	26.77B

Beijing Infrastructure Investment Selling U.S. Dollar Bonds Through Offshore Unit -- Term Sheet

13/11/2014 5:24am

Dow Jones News

Natwest (LSE:NWG)
Historical Stock Chart

From May 2019 to May 2024

   By Carol Chan

HONG KONG--State-owned rail investor Beijing Infrastructure Investment Co. is planning to sell U.S. dollar bonds through its offshore unit to help fund the development of Beijing's urban railway transit system, according to a term sheet seen Thursday by The Wall Street Journal.

The company is selling the benchmark-sized U.S. dollar bonds via two tranches. It has set price guidance to yield about 190 basis points above comparable U.S. Treasurys for the three-year tranche and has set price guidance to yield about 195 basis points above comparable U.S. Treasurys for the five-year tranche, according to the term sheet.

The company has hired the Royal Bank of Scotland PLC and HSBC Holdings PLC as joint global coordinators for the bond issue, the term sheet said.

Write to Carol Chan at carol.chan@wsj.com

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