New Issue-Dominion Resources sells $625 mln in debt

June 10 (Reuters) - Dominion Resources Inc (D.N) on
Wednesday sold $625 million of junior subordinated debentures,
said IFR, a Thomson Reuters service.

Morgan Stanley, Bank of America, Citigroup, UBS, and
Wachovia were the joint bookrunning managers for the sale.
BORROWER: DOMINION RESOURCES INC
AMT $625 MLN* COUPON 8.375 PCT MATURITY 6/15/2064**
TYPE JR SUB DEBS ISS PRICE 25.00 FIRST PAY 9/17/2009
MOODY'S Baa3 YIELD N/A SETTLEMENT 6/17/2009
S&P BBB SPREAD N/A PAY FREQ QUARTERLY
FITCH BBB NON-CALLABLE 5 YEARS***
*25 MLN SHARES AT $25 PAR
**INITIAL MATURITY 6/15/2064, AUTOMATIC QUARTERLY EXTENTIONS
TO NO LATER THAN 6/15/2079
***MAKE-WHOLE CALL 50 BPS UNTIL 6/15/2014 THEN CALLABLE AT PAR