The Wall Street Journal-20080201-New Securities Issues

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New Securities Issues

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The following were among recent offerings and pricings in U.S. and non-U.S. capital markets, with terms and syndicate manager, based on information provided by Dow Jones Newswires and Factiva. (A basis point is one-hundredth of a percentage point; 100 basis points equal a percentage point.)

GLOBAL

Banca Popolare Di Milano -- 1.25 billion euro, 2010-dated floating- rate notes were priced through joint lead managers Morgan Stanley, Banca Akros, Barclays Capital and Lehman Brothers, one of the lead banks said. Terms: maturity: Feb. 15, 2010; coupon: 60 basis points more than three-month Euribor; price: 99.904; payment: Feb. 15, 2008; spread: 65 basis points more than three-month Euribor; ratings: A1 (Moody's Investors Service), single-A (Standard & Poor's Rating Service); denominations: 50,000 euros, then increments of 1,000 euros thereafter; listing: Luxembourg; interest: quarterly.

Rentenbank -- $1.75 billion, 2013-dated bond offering was priced through joint-lead managers Credit Suisse, J.P. Morgan and RBC Capital Markets, one of the lead managers said. Terms: maturity: March 15, 2013; coupon: 3.25%; reoffer: 99.54; payment: Feb. 7, 2008; spread: 14 basis points below midswaps; ratings: Aaa (Moody's), triple-A (S&P), AAA (Fitch Inc.).