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New Issue-Aflac Inc sells $850 mln in 10-yr sr notes

Mon May 18, 2009 4:02pm EDT

Stocks

    
  May 18 (Reuters) - Health and life insurance provider
Aflac Inc (AFL.N) on Monday sold $850 million in 10-year notes,
said IFR, a Thomson Reuters service.
  The size of the deal was increased from an originally
planned $500 million.
  Goldman Sachs and JP Morgan were the joint bookrunning
managers for the sale.
BORROWER: AFLAC INCORPORATED
AMT $850 MLN    COUPON 8.50 PCT     MATURITY 5/15/2019 
TYPE SR NOTES   ISS PRICE 100       FIRST PAY 11/15/2009
MOODY'S A2      YIELD 8.50 PCT      SETTLEMENT 5/21/2009
S&P A-MINUS     SPREAD 530 BPS      PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A    MORE THAN TREAS   MAKE-WHOLE CALL 50 BPS



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