Caisse d’Amortissement de la Dette Sociale (Cades)

25 Jan 2013

Guarantor: FranceRating: Aa1/AA+/AAAAmount: $3.5bn Reg S/144AMaturity: 29 January 2018Issue/re-offer price: 99.928Coupon: 1.375%Spread at re-offer: 50bp over mid-swapsLaunch date: Tuesday 22 JanuaryPayment date: 29 JanuaryJoint books: Daiwa, Deutsche Bank, Goldman Sachs, Royal Bank of Scotland

Borrower’s comment:

This is our biggest dollar benchmark ever. Our previous record size was a ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial