November 5, 2012 / 5:15 PM / 5 years ago

New Issue - Magellan Midstream sells $250 mln in notes

Nov 5 (Reuters) - Magellan Midstream Partners LP on
Friday sold $250 million of senior unsecured notes, said IFR, a
Thomson Reuters service. 
    Barclays Capital, Deutsche Bank, Suntrust, and Wells Fargo
were the joint bookrunning managers for the sale.

BORROWER: MAGELLAN MIDSTREAM

AMT $250 MLN    COUPON 4.2 PCT     MATURITY    12/01/2042  
TYPE SR NTS     ISS PRICE 99.338   FIRST PAY   06/01/2013 
MOODY'S Baa2    YIELD 4.239 PCT    SETTLEMENT  11/09/2012   
S&P TRIPLE-B    SPREAD 135 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A        MORE THAN TREAS   MAKE-WHOLE CALL 20 BPS

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