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New Issue-Oppenheimer sells $200 mln in 7-yr notes

Wed Apr 6, 2011 4:20pm EDT 

  April 6 (Reuters) - Oppenheimer Holdings Inc (OPY.N) on
Wednesday sold $200 million of senior secured notes in the 144a
private placement market, said IFR, a Thomson Reuters service.
  Morgan Stanley was the sole bookrunning manager for the
sale.
BORROWER: OPPENHEIMER HOLDINGS INC
AMT $200 MLN      COUPON 8.75 PCT     MATURITY 4/15/2018 
TYPE SR NTS       ISS PRICE 100       FIRST PAY 10/15/2011
MOODY'S B2        YIELD 8.75 PCT      SETTLEMENT 4/12/2011
S&P B-PLUS        SPREAD 579 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 3 YRS*
*MAKE-WHOLE CALL 50 BPS
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