Zimmer Holdings launches $1 bln 2-part debt sale
NEW YORK |
NEW YORK Nov 12 (Reuters) - Zimmer Holdings Inc (ZMH.N) on Thursday launched a $1.0 billion two-part debt sale, said IFR, a Thomson Reuters service.
The sale includes $500 million in 10-year notes expected to yield 118 basis points over comparable U.S. Treasuries and $500 million in 30-year bonds expected to yield 135 basis points over Treasuries.
The joint lead managers on the sale are Banc of America Merrill Lynch, Citigroup and JP Morgan. (Reporting by Caryn Trokie, Editing by Chizu Nomiyama)
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