Sponsored Links

New Issue-Reynolds sells $3.25 bln notes

Fri Sep 14, 2012 4:55pm EDT

Sept 14 (Reuters) - Reynolds Group Issuer Inc/LLC/(Lux) S.A.
on Friday sold $3.25 billion of senior secured notes in the 144a
private placement market, said IFR, a Thomson Reuters service. 
    The size of the deal was increased from an originally
planned $1 billion.
    Credit Suisse was the sole bookrunning manager for the sale.

BORROWER: REYNOLDS

AMT $3.25 BLN   COUPON 5.75 PCT    MATURITY    10/15/2020
TYPE SR NTS     ISS PRICE 100      FIRST PAY   04/15/2013 
MOODY'S B1      YIELD 5.75 PCT     SETTLEMENT  09/28/2012   
S&P B-PLUS      SPREAD 433 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A       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.