North Rhine-Westphalia Prices EUR1B 2.125% 5Y Bond At 99.667

21st Jun 2010 16:22

LONDON (Dow Jones)--The German state of North Rhine-Westphalia has priced a EUR1 billion bond offering, via joint lead-managers Barclays PLC, Deutsche Bank AG, Landesbank Baden-Wuerttemberg, UniCredit SpA, and WestLB AG, with the following terms, one of the banks said Monday: Amount: EUR1 billion Maturity: June 30, 2015 Coupon: 2.125% Reoffer Price: 99.667 Payment Date: June 30, 2010 Spread: Two basis points over mid-swaps, or 55.3 basis points over bunds Debt Ratings: Aa1 (Moody's) AA- (Standard & Poor's) AAA (Fitch) Denominations: EUR1,000 Listing: Duesseldorf and Frankfurt -By Mark Brown, Dow Jones Newswires; + 44 (0)207 842 9485; [email protected] (END) Dow Jones Newswires June 21, 2010 11:22 ET (15:22 GMT)