New Issue-Campbell Soup Co sells $300 mln in 5-yr snr notes

Fri Jun 26, 2009 3:13pm EDT
 
[-] Text [+]
 June 26 (Reuters) - The Campbell Soup Company (CPB.N) on
Friday sold $300 million of senior notes, said IFR, a Thomson
Reuters service.
 J.P. Morgan, Morgan Stanley and UBS were the joint
bookrunning managers for the sale.
BORROWER: CAMPBELL SOUP COMPANY
AMT $300 MLN      COUPON 3.375 PCT    MATURITY 8/15/2014 
TYPE SR NOTES     ISS PRICE 99.944    FIRST PAY 2/15/2010
MOODY'S A2        YIELD 3.386 PCT     SETTLEMENT 7/1/2009
S&P SINGLE-A      SPREAD 87.5 BPS     PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A     MORE THAN TREAS    MAKE-WHOLE CALL 15 BPS

 

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