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DuPont sells $900 mln of debt-IFR
February 17, 2009 / 8:48 PM / 9 years ago

DuPont sells $900 mln of debt-IFR

NEW YORK, Feb 17 (Reuters) - Chemicals company E.I. du Pont de Nemours and Co, or DuPont DD.N, on Tuesday sold $900 million of debt in a two-part sale, according to IFR.

The company sold $400 million of 6-year notes priced at a yield spread of 312.5 basis points over comparable Treasuries, said IFR, a Thomson Reuters service.

It sold another $500 million of 10-years, priced at the same yield spread.

Banc of America Securities, Morgan Stanley and RBS Greenwich Capital were lead managers on the deal. (Reporting by Ciara Linnane; Editing by Dan Grebler)

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