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New Issue-Building Materials sells $325 mln notes

Tue Mar 9, 2010 5:43pm EST

 March 9 (Reuters) - Building Materials Corp of America on
Tuesday sold $325 million of senior notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
 Deutsche Bank, Citigroup and Wells Fargo Securities were
the joint bookrunning managers for the sale.
BORROWER: BUILDING MATERIALS CORP OF AMERICA
AMT $325 MLN      COUPON 7.50 PCT     MATURITY 3/15/2020 
TYPE SR NOTES     ISS PRICE 99.135    FIRST PAY 9/15/2010
MOODY'S B3        YIELD 7.625 PCT     SETTLEMENT 3/12/2010
S&P BB-MINUS      SPREAD 393 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 5 YRS