Reuters logo
New Issue- McClatchy sells $910 mln in notes
December 4, 2012 / 5:25 PM / 5 years ago

New Issue- McClatchy sells $910 mln in notes

Dec 4 (Reuters) - The McClatchy Co on Monday sold
$910 million of senior secured first lien notes in the 144a
private placement market, said IFR, a Thomson Reuters service. 
    The size of the deal was increased from the originally
planned $750 million. 
    J.P. Morgan, Bank of America Merrill Lynch and Credit Suisse
were the joint bookrunning managers for the sale.

BORROWER: MCCLATCHY

AMT $910 MLN    COUPON 9 PCT       MATURITY    12/15/2022   
TYPE SR NTS     ISS PRICE 100      FIRST PAY   06/15/2013 
MOODY'S B1      YIELD 9 PCT        SETTLEMENT  12/18/2012   
S&P SINGLE-B    SPREAD 737 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A        MORE THAN TREAS   MAKE-WHOLE CALL 50 BPS

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below