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New Issue-MModal sells $250 mln notes

Tue Aug 14, 2012 5:50pm EDT 

Aug 14 (Reuters) - MModal Inc on Tuesday sold $250
million of senior notes in the 144a private placement market,
said IFR, a Thomson Reuters service. 
    Bank of America Merrill Lynch and RBC Capital Markets were
the joint bookrunning managers for the sale.

BORROWER: MMODAL INC 

AMT $250 MLN    COUPON 10.75 PCT   MATURITY    08/15/2020
TYPE SR NTS     ISS PRICE 98.694   FIRST PAY   02/15/2013 
MOODY'S Caa1    YIELD 11 PCT       SETTLEMENT  08/17/2012   
S&P B-MINUS     SPREAD 965 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A       MORE THAN TREAS    MAKE-WHOLE CALL 50 BPS
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