New Issue- Ladder Capital sells $325 mln in notes

Fri Sep 14, 2012 4:58pm EDT

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Sept 14 (Reuters) - Ladder Capital Finance Holdings LLP and
Ladder Capital Finance on Friday sold $325 million of senior
notes in the 144a private placement market, said IFR, a Thomson
Reuters service. 
    J.P. Morgan, Deutsche Bank and Wells Fargo were the joint
bookrunning managers for the sale.

BORROWER: LADDER CAPITAL

AMT $325 MLN    COUPON 7.375 PCT   MATURITY    10/01/2017   
TYPE SR NTS     ISS PRICE 100      FIRST PAY   04/01/2013 
MOODY'S Ba3     YIELD 7.375 PCT    SETTLEMENT  09/19/2012   
S&P B-PLUS      SPREAD 666 BPS     PAY FREQ    SEMI-ANNUAL
FITCH DOUBLE-B   MORE THAN TREAS   MAKE-WHOLE CALL 50 BPS
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