Aug 6 (Reuters) - Duke Realty LP, a unit of Duke Realty
Corp (DRE.N), on Thursday sold $500 million of senior notes in
a two-part debt sale, said IFR, a Thomson Reuters service.
The size of the deal was increased from an originally
planned $250 million.
Morgan Stanley, UBS, and Wells Fargo were the joint
bookrunning managers for the sale.
BORROWER: DUKE REALTY LP
TRANCHE 1:
AMT $250 MLN COUPON 7.375 PCT MATURITY 2/15/2015
TYPE SR NOTES ISS PRICE 99.443 FIRST PAY 2/15/2010
MOODY'S Baa2 YIELD 7.50 PCT SETTLEMENT 8/11/2009
S&P BBB SPREAD 479.2 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE
TRANCHE 2:
AMT $250 MLN COUPON 8.25 PCT MATURITY 8/15/2019
TYPE SR NOTES ISS PRICE 99.162 FIRST PAY 2/15/2010
MOODY'S Baa2 YIELD 8.375 PCT SETTLEMENT 8/11/2009
S&P BBB SPREAD 463.3 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE