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
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.