THE VIRGINIAN-PILOT Copyright (c) 1994, Landmark Communications, Inc. DATE: Thursday, November 10, 1994 TAG: 9411110901 SECTION: BUSINESS PAGE: D3 EDITION: FINAL SOURCE: From staff reports LENGTH: Short : 19 lines
Crestar Financial Corporation, based in Richmond, announced the sale of $150 million of 8 3/4 percent subordinated notes due November 15, 2004, through Morgan Stanley & Co. Incorporated, Lehman Brothers, Craigie Incorporated, Davenport & Co. of Virginia, Inc., Scott & Stringfellow Inc. and Wheat First Butcher Singer. The notes were priced at $99.74 to yield 8.79 percent. by CNB