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Debt Securities Issuance by Commercial Banks and Thrifts (Corrected)

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Debt Securities Issuance by Commercial Banks and Thrifts (Corrected)

Debt Securities Issuance by Commercial Banks and Thrifts (Corrected)
Two weeks ended March 24
Published March 28, 2006
    Ratings  
Issuer Issue
date
Principal
in millions
Type of security Offer
price
Yield at
maturity
Maturity Fitch Moody's* Bookrunner(s)
Marshall & Ilsley Corp. 3/23 $250 notes 99.97% 5.36% 4/1/2011 A+ A1 Wachovia Securities
First Tennessee Bank 3/23 250 subordinated bank notes 99.735 5.685 4/1/2016 A A1 First Tennessee Bank
Comerica Bank 3/22 100 CDs 100 floats 9/27/2007 A+ A1 HSBC Securities
Washington Mutual 3/21 500 CDs 100 floats 4/20/2007 A+ A3 Morgan Stanley
First Midwest 3/21 100 notes 99.887 5.865 4/1/2016 BBB+ Baa1 Keefe
Comerica Bank 3/21 200 CDs 100 floats 9/24/2007 AA- A1 Morgan Stanley
Bank of America Corp. 3/21 1,500 global floating-rate notes 100 floats 3/24/2009 AA- Aa2 Banc of America Securities
Wachovia Bank and Trust Co. 3/20 3,500 floating-rate notes 100 floats 3/23/2009 AA- Aa3 Wachovia Securities
National City Bank, Cleveland 3/20 1,450 CDs 100 floats 3/24/2008 AA A1 Goldman Sachs
Mellon Bank 3/20 250 subordinated bank notes 99.969 5.454 4/1/2016 AA- Aa3 Goldman Sachs
Wells Fargo & Co. 3/16 1,500 senior notes 100 floats 3/23/2010 AA Aa1 Goldman Sachs, JPMorgan Chase
Compass Bank 3/14 275 subordinated bank notes 99.67 5.928 4/1/2026 A- A1 Citigroup, Merrill Lynch
National City Bank, Cleveland 3/14 100 CDs 100 floats 10/4/2007 AA A1 Deutsche Bank Securities
National City Bank, Cleveland 3/14 400 CDs 100 floats 9/18/2007 AA A1 Deutsche Bank Securities


*For CDs, long-term bank deposits, domestic currency
Sources: Thomson Financial, Moody’s Investors Service, Fitch Ratings
© 2006 American Banker


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