This content is from: Innovation

GTB Finance Raises $500M In Note Sale

GTB Finance has raised $500 million through the sale of bonds.

GTB Finance has raised $500 million through the sale of bonds, Reuters reports. The senior unsecured bonds are due to mature on May 19, 2016.
The notes, which carry a coupon rate of 7.5%, are guaranteed by Guaranty Trust Bank. Morgan Stanley and JP Morgan were the joint book-runners for the transaction.

Click here for the story from Reuters.

Related Content