NWB Plans 7-Year Euro Benchmark Bond Issue
August 17 2012 - 2:17AM
Dow Jones News
By Ben Edwards
Dutch agency borrower Nederlandse Waterschapsbank NV, or NWB, is
planning a benchmark-size, euro-denominated, seven-year bond, one
of the banks running the deal said Friday.
Initial price thoughts are in the high 20 basis point-area over
midswaps.
Credit Suisse Group AG, Deutsche Bank AG and Royal Bank of
Canada are the lead managers of the sale.
The issuer is rated triple-A by Moody's Investors Service Inc.
and Standard & Poor's Corp.
Write to Ben Edwards at ben.edwards@dowjones.com
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