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Dexia Credit Local talks dollar-denominated five-year notes at mid-swaps plus 42 bps area
By Cristal Cody
Tupelo, Miss., Oct. 8 – Dexia Credit Local SA (Aa3/AA/BBB+) plans to price a Rule 144A and Regulation S dollar-denominated offering of five-year senior notes on Tuesday, according to a market source.
Initial price talk is in the mid-swaps plus 42 basis points area.
Barclays, Deutsche Bank Securities Inc., HSBC Securities (USA) Inc. and Societe Generale are the bookrunners.
Dexia Credit Local is a Brussels, Belgium-based regional bank focused on sustainable development.
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