Abbey National Prices EUR750 Million FRN Maturing 2013

Abbey National Treasury Services PLC priced a EUR750 million, 18-month, floating-rate note, one of the banks running the deal said Tuesday.

Santander GBM, Barclays PLC, Citigroup Inc. and JPMorgan Chase & Co. were the lead managers on the sale, which has the following terms:

 
Amount:           EUR750 million 
Maturity:         Aug. 28, 2013 
Coupon:           180 basis points over the three-month Euribor 
Reoffer Price:    99.852 
Payment Date:     Feb. 28, 2012 
Spread:           190 basis points over the three-month Euribor 
Debt Ratings:     A1 (Moody's) 
                  A+ (Standard & Poor's) 
                  A+ (Fitch) 
Denominations:    EUR1,000; EUR100,000 
Listing:          London 
 

-By Ben Edwards, Dow Jones Newswires; 44-20-7842-9287; ben.edwards@dowjones.com