The National Rural Utilities Cooperative Finance Corporation (CFC) (NYSE: NRU) (NYSE: NRC), a non-profit finance cooperative created and owned by America's electric cooperative network, has completed its underwritten public offering of USD800m in
collateral trust bonds.
23 February 2011 - Deutsche Bank Securities, JPMorgan Securities and RBS Securities were among the joint book-runners for the USD300m (EUR219m) sale of
collateral trust bonds by National Rural Utilities Cooperative Finance Corp (NYSE:NRU), or CFC, the latter said on Tuesday.
570 million of fixed-rate
Collateral Trust Bonds rated A+/A+/A1 by Fitch Ratings, Standard & Poor's and Moody's Investors Service, respectively.
15 February 2011 - Deutsche Bank (ETR:DBK), JP Morgan (NYSE:JPM) and Royal Bank of Scotland (LON:RBS) served as active book-runners for National Rural Utilities Cooperative Finance Corp's issue of USD300m (EUR222m)
collateral trust bonds, IFR, a Thomson Reuters service, reported.
The second mortgage bonds are rated the same as the first mortgage bonds and the first
collateral trust bonds due to the substantial value of the collateral available to creditors secured by first and second mortgage bonds.
The first
collateral trust bonds were issued in two series: $300 million with a 4.
In March 2003, PSCo issued $250 million of First
Collateral Trust Bonds at an interest rate of 4.
The filing registers $500 million of new secured first
collateral trust bonds or unsecured senior debt securities.
Xcel Energy (NYSE:XEL) today announced it has priced $250 million of 10-year First
Collateral Trust Bonds at 4.
Fitch Ratings has assigned a 'BBB+' rating to Public Service Company of Colorado's (PSCO) new issuance of $600 million of first
collateral trust bonds.
Proceeds will be used to redeem $200 million of first
collateral trust bonds.
Fitch also affirmed CFC's existing 'A+'
collateral trust bonds, 'A' senior unsecured debt, 'A-' quarterly income capital securities (QUICS), and 'F1' commercial paper.
