Issue of Debt

30 Sep 2005 14:31

Portman Building Society30 September 2005 Portman Building Society, rated A2/A by Moody's/Fitch have issued a USD 750m FRNdue 18th October 2010 with a pay date 18th October 2005. The notes pay a couponof 3 month LIBOR +10bp, have a reoffer price of 99.818 and will be listed inLondon. HSBC Bank plc and UBS Investment Bank are joint Lead Managers for thedeal and Danske Bank and Landesbank Baden-Wurttemberg are co-Lead Managers. This information is provided by RNS The company news service from the London Stock Exchange