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New Issue-American Fin'l Group sells $350 mln in 10-yr notes

Wed Jun 10, 2009 4:02pm EDT

Stocks

    
  June 10 (Reuters) - American Financial Group (AFG.N) on
Wednesday sold $350 million in 10-year senior notes, said IFR,
a Thomson Reuters service.
  The size of the deal was increased from an originally
planned $300 million.
  Bank of America, J.P. Morgan, and Wachovia were the joint
bookrunning managers for the sale.
BORROWER: AMERICAN FINANCIAL GROUP
AMT $350 MLN      COUPON 9.875 PCT    MATURITY 6/15/2019 
TYPE SR NOTES     ISS PRICE 100       FIRST PAY 12/15/2009
MOODY'S Baa2      YIELD 9.875 PCT     SETTLEMENT 6/17/2009
S&P BBB           SPREAD 592.1 BPS/   PAY FREQ SEMI-ANNUAL
FITCH BBB-PLUS     MORE THAN TREAS    MAKE-WHOLE CALL 75 BPS



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