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Dial 1-800-Philippines for call centers
Often ignored as an economic laggard, the Philippines has beaten India to win the top spot for offshore call center outsourcing. That's amid fresh grumbles in the U.S. over sending jobs abroad. Video
New Issue-Starwood Hotels sells $250 mln in 10-yr notes
Nov 5 (Reuters) - Starwood Hotels & Resorts Worldwide Inc
(HOT.N) on Thursday sold $250 million of senior unsecured
notes, said IFR, a Thomson Reuters service.
Bank of America Merrill Lynch and Citi were the active bookrunning managers for the sale. Calyon, RBS, and Scotia were the passive bookrunning managers for the sale. BORROWER: STARWOOD HOTELS & RESORTS WORLDWIDE INC AMT $250 MLN COUPON 7.15 PCT MATURITY 12/1/2019 TYPE SR NTS ISS PRICE 97.559 FIRST PAY 6/1/2010 MOODY'S Ba1 YIELD 7.50 PCT SETTLEMENT 11/20/2009 S&P DOUBLE-B SPREAD 396.3 BPS PAY FREQ SEMI-ANNUAL FITCH BB-PLUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
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