NEW YORK, Jan 12 (Reuters) - CDP Financial on Tuesday sold C$2 billion notes in two parts, according to a term sheet seen by Reuters on Tuesday.
The sale consisted of C$1 billion ($962 million) of five-year floating-rate notes with a coupon rate of 45 basis points more than the Canadian dollar offered rates, or CDOR.
Also included in the sale were C$1 billion ($962 million) of 10-year fixed-rate notes priced to yield 106.5 basis points over the Canadian government benchmark.
The investment dealer arms of National Bank of Canada, Bank of Montreal, Royal Bank of Canada were the lead managers on the deal. (C$=$1.04)
(Reporting by Pam Niimi; Editing by Leslie Adler) Keywords: CDP DEBT/SALE (pam.niimi@thomsonreuters.com; +1 646 223 6321; Reuters Messaging: pam.niimi.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The sale consisted of C$1 billion ($962 million) of five-year floating-rate notes with a coupon rate of 45 basis points more than the Canadian dollar offered rates, or CDOR.
Also included in the sale were C$1 billion ($962 million) of 10-year fixed-rate notes priced to yield 106.5 basis points over the Canadian government benchmark.
The investment dealer arms of National Bank of Canada, Bank of Montreal, Royal Bank of Canada were the lead managers on the deal. (C$=$1.04)
(Reporting by Pam Niimi; Editing by Leslie Adler) Keywords: CDP DEBT/SALE (pam.niimi@thomsonreuters.com; +1 646 223 6321; Reuters Messaging: pam.niimi.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.