New Issue-DDR Corp sells $300 mln notes

Tue Jun 19, 2012 5:38pm EDT

June 19 (Reuters) - DDR Corp on Tuesday sold $300
million of senior notes, said IFR, a Thomson Reuters service.
    The size of the deal was increased from an originally
planned $250 million. 
    Deutsche Bank, RBS, and UBS were the joint bookrunning
managers for the sale.

BORROWER: DDR CORPORATION 

AMT $300 MLN    COUPON 4.625 PCT   MATURITY    07/15/2022
TYPE SR NTS     ISS PRICE 98.104   FIRST PAY   01/15/2013
MOODY'S Baa3    YIELD 4.865 PCT    SETTLEMENT  06/22/2012   
S&P BB-PLUS     SPREAD 325 BPS     PAY FREQ    SEMI-ANNUAL
FITCH BB-PLUS    MORE THAN TREAS   MAKE-WHOLE CALL 50 BPS
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