New Issue-Potlatch Corp sells $150 mln in 10-yr notes

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Thu Oct 29, 2009 5:23pm EDT 

  Oct 29 (Reuters) - Potlatch Corporation PCH.N on
Thursday sold $150 million of senior notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
  Bank of America and Goldman Sachs were the joint
bookrunning managers for the sale.
BORROWER: POTLATCH CORPORATION
AMT $150 MLN      COUPON 7.50 PCT     MATURITY 11/01/2019
TYPE SR NTS       ISS PRICE 98.284    FIRST PAY 5/01/2010
MOODY'S Ba1       YIELD 7.75 PCT      SETTLEMENT 11/03/2009
S&P DOUBLE-B      SPREAD 426 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE*      
*MAKE-WHOLE CALL 50 BPS
Basic Materials
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