New Issue - TNK-BP Finance sells $1 bln in two parts

Jan 27 (Reuters) - TNK-BP Finance SA, a unit of TNK-BP
TNBPI.RTS, on Wednesday sold $1 billion of notes in two parts
in the 144a private placement market, said IFR, a Thomson
Reuters service.

Barclays, Calyon, and RBS were the joint bookrunning
managers for the sale.
BORROWER: TNK-BP FINANCE SA
TRANCHE 1
AMT $500 MLN COUPON 6.25 PCT MATURITY 2/2/2015
TYPE NOTES ISS PRICE 99.157 FIRST PAY 8/2/2010
MOODY'S Baa2 YIELD 6.45 PCT SETTLEMENT 2/2/2010
S&P BBB-MINUS SPREAD 405.5 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB-MINUS MORE THAN TREAS NON-CALLABLE
TRANCHE 2
AMT $500 MLN COUPON 7.25 PCT MATURITY 2/2/2020
TYPE NOTES ISS PRICE 98.263 FIRST PAY 8/2/2010
MOODY'S Baa2 YIELD 7.50 PCT SETTLEMENT 2/2/2010
S&P BBB-MINUS SPREAD 384.8 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB-MINUS MORE THAN TREAS NON-CALLABLE