Lloyds TSB Bank Amends Deal Size Of 2018 Covered Bond

16th Jun 2010 16:09

LONDON (Dow Jones)--The U.K.'s Lloyds TSB Bank amended the issue size of its June 25, 2018, U.K.-regulated, covered bond owing to investor interest expressed while the deal was pricing, one of the lead managers on the sale said Wednesday. The size of the deal is now EUR750 million from the previously announced EUR700 million. The bond has a coupon of 4% and priced at 145 basis points over midswaps, with a reoffer price of 99.196. BNP Paribas SA, HSBC Holdings PLC, Lloyds and UniCredit SpA are lead managers of the deal. -By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259; [email protected] (END) Dow Jones Newswires June 16, 2010 11:09 ET (15:09 GMT)