New Issue - ICE adds $250 mln notes

Fri May 4, 2012 12:09pm EDT

May 4 (Reuters) - Instituto Costarricense de Electricidad
(ICE) on Thursday added $250 million in a reopening
of an existing senior note issue, said market sources.	
    The sale took place in the 144a private placement market.	
    The total issue amount is now $500 million.	
    Citigroup and Deutsche Bank were the joint bookrunning
managers for the sale.	
	
BORROWER: ICE	
	
AMT $250 MLN    COUPON 6.95 PCT    MATURITY    11/10/2021 	
TYPE SR NTS     ISS PRICE 105      FIRST PAY   11/10/2012	
MOODY'S Baa3    YIELD 6.244 PCT    SETTLEMENT  05/10/2012	
S&P N/A         SPREAD N/A         PAY FREQ    SEMI-ANNUAL	
FITCH BB-PLUS    MORE THAN TREAS   MAKE-WHOLE CALL 50 BPS
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.