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Mead Johnson sells $1.5 bln debt in 3 parts - IFR

Thu Oct 29, 2009 3:22pm EDT

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NEW YORK, Oct 29 (Reuters) - Mead Johnson Nutrition Co (MJN.N) on Thursday sold $1.5 billion debt in a three-part sale, said IFR, a Thomson Reuters service.

The offering included $500 million in five-year notes priced to yield 120 basis points over comparable U.S. Treasuries and $700 million in 10-year yielding 145 basis points over Treasuries.

It also includes $300 million in 30-year bonds priced to yield 155 basis points over Treasuries.

The joint book managers were Citi and Morgan Stanley. (Reporting by Caryn Trokie; Editing by Kenneth Barry)



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