New Issue-Holly Energy sells $150 mln in notes

Fri Mar 5, 2010 4:18pm EST

 March 5 (Reuters) - Holly Energy Partners LP/Finance Corp
(HEP.N) on Friday sold $150 million of senior notes in the 144a
private placement market, said IFR, a Thomson Reuters service.
 UBS, Bank of America Merrill Lynch and Goldman Sachs were
the joint bookrunning managers for the sale.
BORROWER: HOLLY ENERGY PARTNERS LP/FINANCE CORP
AMT $150 MLN      COUPON 8.25 PCT     MATURITY 3/15/2018
TYPE SR NOTES     ISS PRICE 100.00    FIRST PAY 9/15/2010
MOODY'S B1        YIELD 8.25 PCT      SETTLEMENT 3/10/2010
S&P B-PLUS        SPREAD 491 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 4 YRS*
* MAKE-WHOLE CALL 50 BPS

FILED UNDER:
A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article