New Issue-Progress Energy sells $950 mln in two parts

Nov 16 (Reuters) - Progress Energy Inc (PGN.N) on Monday
sold $950 million of notes, said IFR, a Thomson Reuters
service.

Barclays, Citigroup, and RBS were the joint bookrunning
managers for the sale.
BORROWER: PROGRESS ENERGY INC
AMT $350 MLN COUPON 4.875 PCT MATURITY 12/1/2019
TYPE NOTES ISS PRICE 99.809 FIRST PAY 6/1/2010
MOODY'S Baa2 YIELD 4.899 PCT SETTLEMENT 1/15/2010
S&P TRIPLE-B SPREAD 155 BPS PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-B MORE THAN TREAS MAKE-WHOLE CALL 25 BPS
AMT $600 MLN COUPON 6.00 PCT MATURITY 12/1/2039
TYPE NOTES ISS PRICE 99.914 FIRST PAY 6/1/2010
MOODY'S Baa2 YIELD 6.006 PCT SETTLEMENT 1/15/2010
S&P TRIPLE-B SPREAD 173 BPS PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-B MORE THAN TREAS MAKE-WHOLE CALL 30 BPS