IBM Credit Corp plans to issue $250m in non-callable notes due March 23, 1992 paying a nominal 9.625%, at $99.955 to yield 9.643%, 24 basis points above the rate of the Treasury three-year note. Rated Triple-A by both Moody’s Investors Service Inc and Standard & Poor’s Corp, the issue is being sold through underwriters led […]
IBM Credit Corp plans to issue $250m in non-callable notes due March 23, 1992 paying a nominal 9.625%, at $99.955 to yield 9.643%, 24 basis points above the rate of the Treasury three-year note. Rated Triple-A by both Moody’s Investors Service Inc and Standard & Poor’s Corp, the issue is being sold through underwriters led by Salomon Brothers Inc and delivery has been scheduled for March 23.
