Lloyds TSB tops up FRN

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Issue: 1149 - 9 April 2010

Lloyds TSB Bank tapped the Eu750m three year floater it issued two weeks ago for a further Eu500m on Thursday. Joint leads Barclays Capital, Lloyds and Goldman Sachs priced the new debt at 120.5bp over Euribor, after saying the bank would look to issue a minimum of Eu250m. The original tranche tightened 6bp after pricing at 130bp over. ..

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