New Issue-Meccanica Holdings sells $800 mln in 2 parts

July 8 (Reuters) - Meccanica Holdings USA on Wednesday sold
$800 million in a two-part debt sale in the 144a private
placement market, said IFR, a Thomson Reuters service.

The notes are guaranteed by Finmeccania SpA (SIFI.MI).

Bank of America/Merrill Lynch, Citigroup, JP Morgan, and
Morgan Stanley were the active bookrunning managers for the
sale.
BORROWER: MECCANICA HOLDINGS USA INC*
FIRST TRANCHE:
AMT $500 MLN COUPON 6.25 PCT MATURITY 7/15/2019
TYPE SR NOTES ISS PRICE 99.224 FIRST PAY 1/15/2010
MOODY'S A3 YIELD 6.356 PCT SETTLEMENT 7/15/2009
S&P BBB SPREAD 305 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB MORE THAN TREAS MAKE-WHOLE CALL 45 BPS
SECOND TRANCHE:
AMT $300 MLN COUPON 7.375 PCT MATURITY 7/15/2039
TYPE SR NOTES ISS PRICE 98.728 FIRST PAY 1/15/2010
MOODY'S A3 YIELD 7.728 PCT SETTLEMENT 7/15/2009
S&P BBB SPREAD 330 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
* GUARANTEED BY FINMECCANICA SPA