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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
Three weeks Ending March 16
Published March 22, 2007
              Ratings*  
Issuer Issue date Principal
in millions
Type of
security
Offer
price
Yield at
maturity
Maturity Fitch Moody’s Bookrunner(s)
M&T Bank Corp. 14-Mar 200 CDs 100% floats 9/19/2008 A- A3 Citigroup
Comerica Bank 13-Mar 400 CDs 100 floats 3/16/2009 AA- A1 Citigroup
Bank of America Corp. 8-Mar 2,000 subordinated bank notes 99.907 5.31% 3/15/2017 AA Aa1 Banc of America Securities
Citigroup 7-Mar 1,000 global floating-rate notes 100.11 floats 3/16/2012 AA+ Aa1 Citigroup
Citigroup 1-Mar 650 floating-rate notes 99.912 floats 3/7/2014 AA+ Aa1 Citigroup
Citigroup Capital Trust XVII 27-Feb 1,000 trust preferred securities 25 6.35 3/15/1967 AA+ Aa1 Citigroup


*For CDs, long-term bank deposits, domestic currency
Sources: Thomson Financial, Moody’s Investors Service, Fitch Inc.
© 2007 American Banker


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