New Issue-Fortune Brands sells $400 mln 2.5-yr notes

Wed Nov 18, 2009 2:16pm EST 

 Nov 18 (Reuters) - Fortune Brands Inc FO.N on Wednesday
sold $400 million of fixed rate senior unsecured notes, said
IFR, a Thomson Reuters service.
 Barclays and JP Morgan were the joint bookrunning managers
for the sale.
BORROWER: FORTUNE BRANDS INC
AMT $400 MLN      COUPON 3.00 PCT     MATURITY 6/1/2012  
TYPE SR UNSC NTS  ISS PRICE 99.901    FIRST PAY 12/1/2010
MOODY'S Baa3      YIELD 3.041 PCT     SETTLEMENT 11/23/2009
S&P BBB-MINUS     SPREAD 230 BPS      PAY FREQ SEMI-ANNUAL
FITCH BBB-MINUS    MORE THAN TREAS    MAKE-WHOLE CALL 40 BPS
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