New Issue-Quicksilver Resources sells $300 mln notes
Aug 11 (Reuters) - Quicksilver Resources Inc (KWK.N) on
Tuesday sold $300 million of senior notes, said IFR, a Thomson
Reuters service.
The size of the deal was increased from an originally planned $250 million.
Credit Suisse, Deutsche Bank, Bank of America and JP Morgan were the joint bookrunning managers for the sale. BORROWER: QUICKSILVER RESOURCES INC AMT $300 MLN COUPON 9.125 PCT MATURITY 8/15/2019 TYPE SR NOTES ISS PRICE 97.612 FIRST PAY 2/15/2010 MOODY'S B2 YIELD 9.50 PCT SETTLEMENT 8/14/2009 S&P SINGLE-B SPREAD 582 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YEARS* * MAKE-WHOLE CALL 50 BPS
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