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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 ThriftsFour weeks that ended June 6
Published June 13, 2008

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

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