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Security Bank USD300m 5-year finds strong demand

18 Sep 2018

USD300m, coupon 4.50%, due 25 September 2023. Reoffer 99.588, spread UST 2.75% 31 August 2023+168bp. Yield 2.913%. Issuer Security Bank Corporation. Exp issue rating Baa2. Settle T+5. RegS. Snr unsecured. UOP: To extend term liabilities, expand funding base, improve liquidity gaps, to fund investments and other

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