International Securities Trading Corporation

07 Jun 2007

  • International Securities Trading Corporation

Rating: BBB low (DBRS)

Amount: $235m upper tier two capital

Maturity: perpetual

Issue/re-offer price: 100.00

Coupon: 9.00%

Call option: at par from 14 June 2012

Launch date: Friday 1 June

Payment date: 14 June

Joint books: HSBC, Merrill Lynch

Borrower’s comment:

As an entity, ISTC operates to banking standards and ...

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