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New Issue-Enogex sells $250 mln in 10.5-yr notes

Tue Nov 10, 2009 3:37pm EST

Stocks

    
  Nov 10 (Reuters) - Enogex LLC, a unit of OGE Energy Corp
(OGE.N) on Tuesday sold $250 million of senior unsecured notes
in the 144a private placement market, said IFR, a Thomson
Reuters service.
 JP Morgan, Mitsubishi UFJ, and Wells Fargo were the joint
bookrunning managers for the sale.
BORROWER: ENOGEX LLC
AMT $250 MLN      COUPON 6.25 PCT     MATURITY 3/15/2020 
TYPE SR UNSEC NTS ISS PRICE 99.18     FIRST PAY 3/15/2010
MOODY'S Baa3      YIELD 6.361 PCT     SETTLEMENT 11/16/2009
S&P BBB-PLUS      SPREAD 287.5 BPS    PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-B     MORE THAN TREAS    MAKE-WHOLE CALL 45 BPS

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