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Debt Securities Issuance by Commercial Banks and Thrifts

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Debt Securities Issuance by Commercial Banks and Thrifts

Debt Securities Issuance by Commercial Banks and Thrifts
Five weeks ended Feb. 23
Published February 28, 2007
Issuer Issue date Principal in millions Type of security Offer price Yield at maturity Maturity Ratings* Bookrunner(s)
Fitch Moody's
Bank of America Corp 2/22 $900 floating-rate notes 100% floats 2/27/09 AA Aa2 Banc of America Securities
Bank of America Corp 2/22 3100 floating-rate notes 100 floats 2/27/09 AA Aa2 Banc of America Securities
Marshall & Ilsley Corp. 2/20 300 global notes 99.721 5.214% 2/22/12 A+ A1 Deutsche Bank Securities,
Merrill Lynch Securities
Wachovia Bank 2/20 2000 senior floating bank notes 100 floats 2/23/09 AA- Aa2 Wachovia Securities
Wachovia Bank 2/20 750 senior floating bank notes 100 floats 2/23/09 AA- Aa2 Wachovia Securities
Wachovia Bank 2/20 750 senior floating bank notes 100 floats 2/23/09 AA- Aa2 Wachovia Securities
Wachovia Bank 2/20 500 senior floating bank notes 100 floats 2/23/09 AA- Aa2 Wachovia Securities
American Express Bank 2/15 500 medium-term bank notes 100 floats 2/20/09 A+ A2 Barclays Capital,
HSBC Securities
Comerica Capital Trust II 2/13 500 guaranteed capital notes 100 floats 2/20/37 A Baaa1 JPMorgan Chase,
Citigroup
Citigroup Inc 2/12 1000 global notes 99.732 5.312 2/27/12 AA Aa1 Citigroup
Marshall & Ilsley Corp. 2/12 400 floating rate notes 100 floats 2/12/10 A+ A1 Deutsche Bank Securities,
Merrill Lynch
Bank of America Corp. 2/8 2000 senior notes 100 floats 2/12/10 AA- Aa2 Banc of America Securities
Chittenden Corp. 2/7 125 subordinated bonds 99.884 5.816 2/14/17 A- A3 Lehman Brothers
Wachovia Corp. 2/7 500 senior notes 100.252 5.239 10/15/11 AA- Aa3 Wachovia Securities
Wachovia Corp. 2/7 500 senior notes 100.123 floats 10/15/11 AA- Aa3 Wachovia Securities
Citigroup Inc. 2/5 1250 notes 100 NA 2/15/17 AA+ Aa1 Citigroup
PNC Funding 2/1 600 subordinated bonds 100 5.625 2/1/17 A A2 Citigroup,
Goldman Sachs
JPMorgan Chase & Co. 1/31 550 fixed/straight bonds 101.063 5.322 6/1/11 A Aa3 JPMorgan Chase
PNC Funding 1/25 750 senior notes 100 floats 1/31/12 A A2 Citigroup,
Goldman Sachs
PNC Funding 1/25 500 senior notes 100 floats 1/31/14 A A2 Citigroup,
Goldman Sachs
Wachovia Bank 1/24 1500 bank notes 99.747 5.868 2/1/37 AA- Aa2 Wachovia Securities

*For CDs, long-term bank deposits, domestic currency

Sources: Thomson Financial, Moody’s Investors Service, Fitch Inc.

© 2007 American Banker

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