New Issue - Post Apartment sells $250 mln in notes

Mon Nov 5, 2012 11:28am EST

Nov 5 (Reuters) - Post Apartment Homes LP on
Friday sold $250 million of senior notes, said IFR, a Thomson
Reuters service. 
    J.P. Morgan, Suntrust and Wells Fargo were the joint
bookrunning managers for the sale.

BORROWER: POST APARTMENT

AMT $250 MLN    COUPON 3.375 PCT   MATURITY    12/01/2022  
TYPE SR NTS     ISS PRICE 99.972   FIRST PAY   06/01/2013 
MOODY'S Baa2    YIELD 3.378 PCT    SETTLEMENT  11/07/2012   
S&P TRIPLE-B    SPREAD 165 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A        MORE THAN TREAS   MAKE-WHOLE CALL 25 BPS
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

A tourist takes a plunge as she swims at Ngapali Beach, a popular tourist site, in the Thandwe township of the Rakhine state, October 6, 2013. Picture taken October 6, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: SOCIETY) - RTR3FOI0

Where do you want to go?

We look at when to take trips, budget considerations and the popularity of multigenerational family travel.   Video