Norwest Financial, a unit of Norwest Corp., issued $150 million in senior notes -- a $75 million, three-year issue priced to yield 4.71%, 42 basis points more than Treasuries, and a $75 million, seven-year issue priced to yield 6.25%, 47 basis points more than Treasuries. The notes are rated Aa3 and A-plus.
Access to authoritative analysis and perspective and our data-driven report series.
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In