Debt Securities Issuance by Commercial Banks and Thrifts
Published June 13, 2008, 10:08 a.m. EDT
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Updated January 02, 1970, 9:08 a.m. EST
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Debt Securities Issuance by Commercial Banks and Thrifts
Debt Securities Issuance by Commercial Banks and ThriftsFour weeks that ended June 6 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Issuer | Issue date | Principal in millions | Type of security | Offer price | Yield at maturity | Maturity | Ratings* | Bookrunner(s) | |
| Fitch | Moody's | ||||||||
| U.S. Bancorp | 6/5 | $250 | senior medium-term notes | 101.42% | 3.80% | 7/29/10 | AA- | Aa1 | Lehman Brothers |
| Wells Fargo Bank | 6/3 | 100 | medium-term floating notes | 100 | floats | 6/5/09 | AA | Aaa | Lehman Brothers |
| U.S. Bancorp | 6/3 | 1,025 | medium-term floating notes | 100 | floats | 6/4/10 | AA- | Aa1 | Morgan Stanley, Wachovia Capital |
| Wachovia Bank | 5/27 | 50 | global bank notes | 100 | floats | 5/14/10 | AA- | Aa1 | Wachovia Securities |
| PNC Financial Services Group Inc. | 5/14 | 500 | subordinated global notes | 100 | floats | perpetual | A | A1 | JPMorgan Chase, Merrill Lynch |
| Sovereign Bank FSB | 5/13 | 500 | subordinated bank notes | 99.664 | 8.801 | 5/30/18 | BBB | Baa2 | Lehman Brothers |
*For CDs, long-term bank deposits, domestic currency
Sources: Thomson Financial, Moody's Investors Service, Fitch Inc.
© 2008 American Banker