New Issue-Deere & Co sells $1.25 bln in two parts
Oct 13 (Reuters) - Deere & Co (DE.N) on Tuesday sold $1.25
billion of notes in two parts, said IFR, a Thomson Reuters
service.
Citigroup, Deutsche Bank, and JPMorgan were the joint bookrunning managers for the sale. BORROWER: DEERE & CO FIRST TRANCHE: AMT $750 MLN COUPON 4.375 PCT MATURITY 10/16/2019 TYPE NOTES ISS PRICE 99.456 FIRST PAY 4/16/2010 MOODY'S A2 YIELD 4.443 PCT SETTLEMENT 10/16/2009 S&P SINGLE-A SPREAD 110 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE SECOND TRANCHE: AMT $500 MLN COUPON 5.375 PCT MATURITY 10/16/2029 TYPE NOTES ISS PRICE 99.769 FIRST PAY 4/16/2010 MOODY'S A2 YIELD 5.394 PCT SETTLEMENT 10/16/2009 S&P SINGLE-A SPREAD 120 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE
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