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New Issue-Freeport-McMoRan Copper Gold sold $3 bln
Feb 9 (Reuters) - Freeport-McMoRan Copper & Gold Inc
on Wednesday sold $3 billion of three-part senior
unsecured notes, said IFR, a Thomson Reuters service.
Bank of America Merrill Lynch and JP Morgan were the joint
bookrunning managers for the sale.
BORROWER: FREEPORT-MCMORAN COPPER & GOLD INC
TRANCHE 1
AMT $500 MLN COUPON 1.40 PCT MATURITY 02/13/2015
TYPE SR NTS ISS PRICE 99.857 FIRST PAY 08/13/2012
MOODY'S Baa3 YIELD 1.449 PCT SETTLEMENT 02/13/2012
S&P TRIPLE-B SPREAD 110 BPS PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-B MORE THAN TREAS MAKE-WHOLE CALL 20 BPS
TRANCHE 2
AMT $500 MLN COUPON 2.15 PCT MATURITY 03/01/2017
TYPE SR NTS ISS PRICE 99.880 FIRST PAY 09/01/2012
MOODY'S Baa3 YIELD 2.175 PCT SETTLEMENT 02/13/2012
S&P TRIPLE-B SPREAD 135 BPS PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-B MORE THAN TREAS MAKE-WHOLE CALL 20 BPS
TRANCHE 3
AMT $2 BLN COUPON 3.55 PCT MATURITY 03/01/2022
TYPE SR NTS ISS PRICE 99.747 FIRST PAY 09/01/2012
MOODY'S Baa3 YIELD 3.58 PCT SETTLEMENT 02/13/2012
S&P TRIPLE-B SPREAD 160 BPS PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-B MORE THAN TREAS MAKE-WHOLE CALL 25 BPS
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