New Issue-Praxair Inc sells $400 mln in 3-yr notes

Tue Nov 10, 2009 2:20pm EST

 Nov 10 (Reuters) - Praxair Inc (PX.N) sold $400 million of
notes on Tuesday, said IFR, a Thomson Reuters service.
 The size of the deal was increased from an originally
planned $300 million.
 Bank of America and Deutsche Bank were the joint
bookrunning managers for the sale.
BORROWER: PRAXAIR INCORPORATED
AMT $400 MLN      COUPON 1.75 PCT     MATURITY 11/15/2012
TYPE NOTES        ISS PRICE 99.71     FIRST PAY 5/15/2010
MOODY'S A2        YIELD 1.85 PCT      SETTLEMENT 11/16/2009
S&P A-SINGLE      SPREAD 50 BPS       PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    MAKE-WHOLE CALL 15 BPS

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.