Nav Canadasaid it will issue C$250 million three-year floating rate General Obligation Notes. The notes bear interest at the three month Bankers’ Acceptance rate plus 40 basis points. Closing is scheduled for April 29. Proceeds will be used to refinance C$250 million Series MTN2007-1 floating rate General Obligation Notes that will mature on May 3.
said it will issue C$250 million three-year floating rate General Obligation Notes. The notes bear interest at the three month Bankers’ Acceptance rate plus 40 basis points. Closing is scheduled for April 29. Proceeds will be used to refinance C$250 million Series MTN2007-1 floating rate General Obligation Notes that will mature on May 3.
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