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New Issue-Great Lakes Dredge sells $250 mln notes
January 25, 2011 / 7:43 PM / 7 years ago

New Issue-Great Lakes Dredge sells $250 mln notes

  Jan 25 (Reuters) - Great Lakes Dredge & Dock Corp (GLDD.O) on Tuesday sold $250 million of senior notes in the 144a private placement market, said IFR, a Thomson Reuters service.
  Deutsche Bank and Bank of America Merrill Lynch were the joint bookrunning managers for the sale. BORROWER: GREAT LAKES DREDGE & DOCK CORP AMT $250 MLN      COUPON 7.375 PCT    MATURITY 2/1/2019   TYPE SR NTS       ISS PRICE 100       FIRST PAY 8/1/2011  MOODY‘S B3        YIELD 7.375 PCT     SETTLEMENT 1/28/2011 S&P SINGLE-B      SPREAD N/A          PAY FREQ SEMI-ANNUAL FITCH N/A                             NON-CALLABLE 4 YRS   

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