New Issue-Central Maine Power Co sells $150 mln in 10-yr FMB's

Mon May 18, 2009 4:46pm EDT 

 May 18 (Reuters) - The Central Maine Power Company, a unit
of Energy East, on Monday sold $150 million of 10-year first
mortgage bonds in the 144a private placement market, said IFR,
a Thomson Reuters publication.
 The Bank of New York Mellon and Wachovia were the joint
bookrunning managers for the sale.
BORROWER: CENTRAL MAINE POWER COMPANY
AMT $150 MLN    COUPON 5.70 PCT     MATURITY 6/1/2019  
TYPE FMB        ISS PRICE 99.90     FIRST PAY 12/1/2009
MOODY'S A3      YIELD 5.713 PCT     SETTLEMENT 5/21/2009
S&P SINGLE-A    SPREAD 250 BPS      PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A    MORE THAN TREAS   MAKE-WHOLE CALL 37.5 BPS
Bonds News
Bonds
IPOs
Markets
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.