New Issue-Potash Corp sells $1.0 bln in two parts
Sept 23 (Reuters) - Potash Corp of Saskatchewan Inc
(POT.TO) on Wednesday sold $1.0 billion of notes in a two part
debt sale, said IFR, a Thomson Reuters service.
Bank of America, HSBC, and RBC were the joint bookrunning managers for the sale. BORROWER: POTASH CORP OF SASKATCHEWAN FIRST TRANCHE: AMT $500 MLN COUPON 3.75 PCT MATURITY 9/30/2015 TYPE NOTES ISS PRICE 99.452 FIRST PAY 3/30/2010 MOODY'S Baa1 YIELD 3.853 PCT SETTLEMENT 9/28/2009 S&P A-MINUS SPREAD 140 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 25 BPS SECOND TRANCHE: AMT $500 MLN COUPON 4.875 PCT MATURITY 3/30/2020 TYPE NOTES ISS PRICE 99.109 FIRST PAY 3/30/2010 MOODY'S Baa1 YIELD 4.985 PCT SETTLEMENT 9/28/2009 S&P A-MINUS SPREAD 150 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 25 BPS
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