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