New UK GBP8B Syndicated Gilt Pricing At 4.25% 2039 Gilt +0.01

29th Jun 2010 14:35

LONDON (Dow Jones)--The U.K.'s new syndicated gilt issue, maturing Dec. 7, 2040, will price at one basis points over the existing 4.25% gilt maturing 2039, one of the banks running the sale said Tuesday. The transaction, which pays a 4.25% coupon, is being led by Barclays PLC, Morgan Stanley, Nomura Holdings Inc. and Royal Bank of Scotland Group PLC. The U.K. is rated triple-A by Moody's Investors Service Inc., Standard & Poor's Corp. and Fitch Ratings. -By Michael Wilson, Dow Jones Newswires; 44 20 7842 9349; [email protected] (END) Dow Jones Newswires June 29, 2010 09:35 ET (13:35 GMT)