LONDON -(Dow Jones)- Export Development Canada has tightened pricing guidance on its US$1 billion, five-year bond, one of the banks running the deal said Wednesday.
Guidance is now seven to eight basis points below midswaps, compared with six basis points below midswaps released earlier
BNP Paribas SA, HSBC Holdings PLC, JPMorgan Chase & Co., and the Royal Bank of Canada are lead managers of the deal, which is expected to price later Wednesday.
http://www.londonstockexchange.com 19 Oct 2011 – 13:35
The issuer is rated Aaa by Moody’s Investors Services Inc., and AAA by Standard and Poor’s Corp.