The Wall Street Journal-20080213-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

Greece -- 3.5 billion euros was added to its outstanding 4.7% March 2024 bond, through joint-lead managers Alpha Bank AE, Banca IMI, BNP Paribas SA, EFG Eurobank Ergasias SA and ING, one of the lead banks said. Terms: maturity: March 20, 2024; coupon: 4.70%; reoffer: 98.761; payment: Feb. 19, 2008; spread: 41 basis points more than OAT; ratings: A1 (Moody's Investors Service), single-A (Standard & Poor's Rating Service), A (Fitch Inc.); denominations: 1,000 euros; listing: Athens; interest: annual.

Spain -- 5 billion euros in a 2018 bond offering was priced through joint-lead managers Barclays, Banco Bilbao Vizcaya Argentaria, Calyon, Citi, Santander and Societe Generale, one of the lead banks said. Terms: maturity: July 30, 2018; coupon: 4.1%; reoffer: 99.214; payment: Feb. 19, 2008; spread: 28 basis points more than the January 2018 bundisobligation; ratings: Aaa (Moody's), triple-A (S&P), AAA (Fitch).