New Issue-Express Scripts sells $2.5 bln in 3 parts

June 4 (Reuters) - Pharmacy benefit management company
Express Scripts, Inc (ESRX.O) on Thursday sold $2.5 billion in
a three-part debt sale, said IFR, a Thomson Reuters service.

Citigroup, Credit Suisse, and JP Morgan were the joint
bookrunning managers for the sale.
BORROWER: EXPRESS SCRIPTS INC
FIRST TRANCHE:
AMT $1.0 BLN COUPON 5.25 PCT MATURITY 6/15/2012
TYPE SR NOTES ISS PRICE 99.922 FIRST PAY 12/15/2009
MOODY'S N/A YIELD 5.278 PCT SETTLEMENT 6/9/2009
S&P BBB SPREAD 375 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB MORE THAN TREAS COC PUT $101
SECOND TRANCHE:
AMT $1.0 BLN COUPON 6.25 PCT MATURITY 6/15/2014
TYPE SR NOTES ISS PRICE 99.574 FIRST PAY 12/15/2009
MOODY'S N/A YIELD 6.35 PCT SETTLEMENT 6/9/2009
S&P BBB SPREAD 375 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB MORE THAN TREAS COC PUT $101
THIRD TRANCHE:
AMT $500 MLN COUPON 7.25 PCT MATURITY 6/15/2019
TYPE SR NOTES ISS PRICE 99.332 FIRST PAY 12/15/2009
MOODY'S N/A YIELD 7.345 PCT SETTLEMENT 6/9/2009
S&P BBB SPREAD 362.5 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB MORE THAN TREAS COC PUT $101