New Issue-Qwest sells $800 mln in 8-year…
Jan 7 (Reuters) – Qwest Communications International Inc on Thursday sold $800 million of senior notes in the 144a
private placement market, said IFR, a Thomson Reuters service.
The size of the deal was increased from an originally
planned $500 million.
Deutsche Bank, Bank of America, Barclays, Citigroup,
Goldman Sachs, JPMorgan, Morgan Stanley, and Wells Fargo were
the joint bookrunning managers for the sale.
BORROWER: QWEST COMMUNICATIONS INTERNATIONAL INC
AMT $800 MLN COUPON 7.125 PCT MATURITY 4/1/2018
TYPE SR NOTES ISS PRICE 98.44 FIRST PAY 10/1/2010
MOODY’S Ba3 YIELD 7.375 PCT SETTLEMENT 1/12/2010
S&P B-PLUS SPREAD 378 BPS PAY FREQ SEMI-ANNUAL
FITCH BB-PLUS MORE THAN TREAS NON-CALLABLE 3 YRS
Keywords: QWEST DEBT/NOTES
(New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com)
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