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New Issue-MDC Partners Inc sells $225 mln in 7-yr senior notes

Tue Oct 20, 2009 3:33pm EDT

Stocks

    
  Oct 20 (Reuters) - MDC Partners Inc (MDCA.O) on Tuesday
sold $225 million of senior notes in the 144a private placement
market, said market sources.
  The size of the deal was increased from an originally
planned $200 million.
  Goldman Sachs was the sole bookrunning manager for the
sale.
BORROWER: MDC PARTNERS INC
AMT $225 MLN      COUPON 11.0 PCT     MATURITY 11/1/2016 
TYPE SNR NOTES    ISS PRICE 95.336    FIRST PAY 5/1/2010 
MOODY'S B2        YIELD 12.0 PCT      SETTLEMENT 10/23/2009
S&P B-PLUS        SPREAD 902 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 4 YEARS



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