Sponsored Links

New Issue-Ingredion sells $300 mln notes

Mon Sep 17, 2012 2:30pm EDT 

Sept 17 (Reuters) - Ingredion Inc on Monday sold
$300 million of senior unsecured notes, said IFR, a Thomson
Reuters service. 
    JP Morgan, Bank of America Merrill Lynch, and Citigroup were
the joint bookrunning managers for the sale.

BORROWER: INGREDION INC 

AMT $300 MLN    COUPON 1.8 PCT     MATURITY    09/25/2017
TYPE SR NTS     ISS PRICE 99.438   FIRST PAY   03/25/2013
MOODY'S Baa2    YIELD 1.918 PCT    SETTLEMENT  09/20/2012   
S&P TRIPLE-B    SPREAD 120 BPS     PAY FREQ    SEMI-ANNUAL
FITCH TRIPLE-B   MORE THAN TREAS   MAKE-WHOLE CALL 20 BPS
Stocks
Bonds News
Bonds
Markets
Non-Cyclical Consumer Goods
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.