• Most Popular
  • Most Shared

New Issue-Equity One sells $250 mln in 5-yr notes

Wed Dec 2, 2009 2:52pm EST

Stocks

    

 Dec 2 (Reuters) - Equity One Inc (EQY.N) on Wednesday sold
$250 million of senior unsecured notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
 Bank of America Merrill Lynch, JP Morgan, and Wells Fargo
Securities were the joint bookrunning managers for the sale.
BORROWER: EQUITY ONE INC
AMT $250 MLN      COUPON 6.25 PCT     MATURITY 12/15/2014
TYPE SR UNSC NTS  ISS PRICE 99.136    FIRST PAY 6/15/2010
MOODY'S Baa3      YIELD 6.454 PCT     SETTLEMENT 12/7/2009
S&P BBB-MINUS     SPREAD 437.5 BPS    PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    MAKE-WHOLE CALL 50 BPS
 ((New Issue by Thomson Reuters; +1-646-223-6886; e-mail:
uscorpbonds@reuters.com))


More from Reuters

Protestors wait outside the U.S. Capitol as the U.S. Senate prepares to vote on U.S. President Barack Obama's healthcare overhaul in Washington

States take aim to block plan

As the Congress once again rallies to pass healthcare reform legislation, momentum is growing in many states to pass laws to block the changes.   Full Article 

Healthcare Reform
House Speaker Nancy Pelosi gestures as she addresses her weekly news conference with Capitol Hill reporters, March 19, 2010. REUTERS/Hyungwon Kang
Healthcare Reform:

Momentum on healthcare bill

Democratic leaders pushed undecided House members for support and voiced growing confidence they will win a close vote on the sweeping overhaul.  Full Article | Video 

Healthcare Reform
A campsite at a homeless tent city in Sacramento California March 15, 2009. REUTERS/ Max Whittaker
John Kemp:

Be careful what you wish for

The yuan debate is exposing dangerous illiteracy among policymakers: Despite the jobs boost for Americans, it would also cut our living standards. How?  Commentary 

Currencies