Debt Securities Issuance by Commercial Banks and Thrifts
December 10, 2007, 10:08 a.m. EST 1 Min Read
View Table
Printer Friendly Version
Debt Securities Issuance by Commercial Banks and Thrifts
Debt Securities Issuance by Commercial Banks and ThriftsThree weeks that ended Dec. 7 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Issuer | Issue date | Principal in millions | Type of security | Offer price | Yield at maturity | Maturity | Ratings* | Bookrunner(s) | |
| Fitch | Moody's | ||||||||
| Regions Financial Corp. | 12/5 | $300 | subordinated notes | 99.70% | 7.40% | 12/10/37 | A | A1 | Morgan Keegan, UBS Investment Bank, Credit Suisse |
| Bank of America Corp. | 12/4 | 1,200 | senior notes | 100 | floats | 12/11/10 | AA | Aa1 | BA-SEC-LLC |
| PNC National Bank | 12/4 | 300 | subordinated bank notes | 100 | 6 | 12/7/17 | A | A1 | JPMorgan Chase |
| Bank of America Corp. | 11/29 | 3,500 | notes | 99.297 | 5.844 | 12/1/17 | AA | Aa1 | Banc of America Securities |
| American Express Centurion Bank | 11/19 | 550 | senior bank notes | 99.94 | 5.222 | 11/26/10 | A+ | Aa3 | Credit Suisse, Merrill Lynch, Greenwich Partners |
*For CDs, long-term bank deposits, domestic currency
Sources: Thomson Financial, Moody's Investors Service, Fitch Inc.
© 2007 American Banker