New Issue-General Maritime sells $300 mln in 8-yr notes

Nov 6 (Reuters) - General Maritime Corporation (GMR.N) on
Friday sold $300 million of senior notes in the 144a private
placement market, said IFR, a Thomson Reuters service.

JP Morgan and Goldman Sachs were the joint bookrunning
managers for the sale.
BORROWER: GENERAL MARITIME CORPORATION
AMT $300 MLN COUPON 12.00 PCT MATURITY 11/15/2017
TYPE SR NTS ISS PRICE 97.512 FIRST PAY 5/15/2010
MOODY'S B3 YIELD 12.50 PCT SETTLEMENT 11/12/2009
S&P SINGLE-B SPREAD 922 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS*
*NON-CALLABLE 4 YRS