By Andrea Heisinger
New York, June 30 - Caisse d'Amortissement de la Dette Sociale priced $2.5 billion of 1.25% three-year notes on Thursday to yield Treasuries plus 49.95 basis points, a source away from the offering said.
The notes (Aaa/AAA/AAA) were priced at 99.845 to yield 1.303%. They are non-callable.
Bookrunners were Barclays Capital Inc., BNP Paribas Securities Corp. and J.P. Morgan Securities LLC.
The deal was done under Rule 144A.
The French debt agency is based in Paris.
| Issuer: | Caisse d'Amortissement de la Dette Sociale
|
| Issue: | Notes
|
| Amount: | $2.5 billion
|
| Maturity: | July 11, 2014
|
| Bookrunners: | Barclays Capital Inc., BNP Paribas Securities Corp., J.P. Morgan Securities LLC
|
| Coupon: | 1.25%
|
| Price: | 99.845
|
| Yield: | 1.303%
|
| Spread: | Treasuries plus 49.95 bps
|
| Call: | Non-callable
|
| Distribution: | Rule 144A
|
| Trade date: | June 30
|
| Settlement date: | July 11
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
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