New Issue-WMG Acquisition Corp sells $1.1 bln notes

May 19 (Reuters) - WMG Acquisition Corp, a unit of music
content company Warner Music Group Corp. (WMG.N), on Tuesday
sold $1.1 billion of seven-year senior secured notes in the
144a private placement market, said IFR, a Thomson Reuters
publication.

The size of the deal was increased from an originally
planned $500 million.

Goldman Sachs, Bank of America were the joint bookrunning
managers for the sale.
BORROWER: WMG ACQUISITION CORPORATION
AMT $1.1 BLN* COUPON 9.50 PCT MATURITY 6/1/2016
TYPE SR SEC NTS ISS PRICE 96.289 FIRST PAY 12/1/2009
MOODY'S N/A YIELD 10.25 PCT SETTLEMENT 5/29/2009
S&P N/A SPREAD 756 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YEARS**
*$1.059179 BLN PROCEEDS TO ISSUER
**MAKE-WHOLE CALL 50 BPS