New Issue-Belden Inc sells $200 mln in 10-yr snr sub notes
June 24 (Reuters) - Cable manufacturer Belden Inc (BDC.N) late on Wednesday sold $200 million of 10-year senior subordinated notes in the 144a private placement market, said IFR, a Thomso
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Wachovia, Bank of America, and Citigroup were the joint bookrunning managers for the sale. BORROWER: BELDEN INC AMT $200 MLN* COUPON 9.25 PCT MATURITY 6/15/2019 TYPE SR SUB NTS ISS PRICE 96.866 FIRST PAY 12/15/2009 MOODY'S Ba2 YIELD 9.75 PCT SETTLEMENT 6/29/2009 S&P B-PLUS SPREAD 606 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YEARS** *$193.732 MLN PROCEEDS TO ISSUER **CALL SCHEDULE: 104.625, 103.083, 101.542, 100 EQUITY CLAW: 3-YR 35 PCT AT 109.25 MAKE-WHOLE CALL 50 BPS
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