17 de junio de 2014 / 13:07 / hace 3 años

New Issue-Rakbank prices $500 mln 2019 bond

2 MIN. DE LECTURA

June 17 (Reuters) -Following are terms and conditions

of a bond priced on Tuesday.

Borrower RAKFUNDING CAYMAN LTD

Guarantor The National Bank of Ras Al-Khaimah PSC

Issue Amount $500 million

Maturity Date June 24, 2019

Coupon 3.25 pct

Issue price 99.275

Spread 160 basis points

Underlying govt bond Over Mid-swaps, equivalent to 167.9bp

Over the 1.5 pct Due 2019 UST

Payment Date June 24, 2014

Lead Manager(s) NBAD, Standard Chartered, CBI & UNB

Ratings Baa1 (Moody's), BBB+ (Fitch)

Listing Irish

Full fees Fees Undisclosed

Denoms (K) 200 - 1

Governing Law English

Security details and RIC, when available, will be

on

Customers can right-click on the code for

performance analysis of this new issue

For ratings information, double click on

For all bonds data, double click on

For Top international bonds news

For news about this issuer, double click on the issuer RIC,

where assigned, and hit the newskey (F9 on Reuters terminals)

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