New Issue - Sealed Air sells $425 mln in notes

Nov 16 (Reuters) - Sealed Air Corp on Thursday sold
$425 million of senior notes in the 144a private placement
market, said IFR, a Thomson Reuters service.
The amount of the deal was decreased from the originally
planned $825 million in two tranches.
Bank of America Merrill Lynch, Citigroup, Credit Agricole,
Morgan Stanley and RBS were the joint bookrunning managers for
the sale.

BORROWER: SEALED AIR

AMT $425 MLN COUPON 6.5 PCT MATURITY 11/15/2020
TYPE SR NTS ISS PRICE 100 FIRST PAY 05/15/2013
MOODY'S B1 YIELD 6.5 PCT SETTLEMENT 11/28/2012
S&P BB-MINUS SPREAD 520 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS