Household International Netherlands offered $150 million of 6.125% fixed-rate bonds Friday guaranteed by Household International Inc. through lead manager J.P. Morgan & Co.
The seven-year issue is due March 1, 2003. The bonds were priced to yield 6.202%, or 51 basis points over the 6.25% U.S. Treasury bond due Feb. 15, 2003.
The issue is rated A by Standard & Poor's Corp. and A3 by Moody's Investors Service.
Household International, through its subsidiaries, is a major provider of consumer financial services in the United States, Canada, and the United Kingdom.