New Issue - Monsanto sells $550 mln in 2 parts

April 10 (Reuters) - Monsanto Co (MON.N) on Thursday sold
$550 million in two parts, said market sources.

Citigroup Global Markets, JP Morgan, Goldman Sachs,
Merrill Lynch and RBS Greenwich Capital were the joint
bookrunning managers for the sale.
BORROWER: MONSANTO COMPANY
FIRST TRANCHE:
AMT $300 MLN COUPON 5.125 PCT MATURITY 4/15/2018
TYPE SR NOTES ISS PRICE 99.675 FIRST PAY 10/15/2008
MOODY'S A2 YIELD 5.167 PCT SETTLEMENT 4/15/2008
S&P SINGLE-A SPREAD 165 BPS PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A MORE THAN TREAS MAKE-WHOLE CALL 25 BPS*
SECOND TRANCHE:
AMT $250 MLN COUPON 5.875 PCT MATURITY 4/15/2038
TYPE SR NOTES ISS PRICE 98.53 FIRST PAY 10/15/2008
MOODY'S A2 YIELD 5.987 PCT SETTLEMENT 4/15/2008
S&P SINGLE-A SPREAD 165 BPS PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A MORE THAN TREAS MAKE-WHOLE CALL 25 BPS*
*$101 COC PUT