October 28, 2010 / 9:52 PM / 7 years ago

New Issue - Rent-A-Center sells $300 mln notes

1 Min Read

  Oct 28 (Reuters) - Rent A Center Inc (RCII.O) on Thursday sold $300 million of senior notes in the 144a private placement market, said IFR, a Thomson Reuters service.
  JP Morgan, Goldman Sachs and Bank of America Merrill Lynch were the joint bookrunning managers for the sale. BORROWER: RENT-A-CENTER INC AMT $300 MLN      COUPON 6.625 PCT    MATURITY 11/15/2020 TYPE SR NTS       ISS PRICE 100       FIRST PAY 5/15/2011 MOODY'S Ba3       YIELD 6.625 PCT     SETTLEMENT 11/2/2010 S&P BB-MINUS      SPREAD 396 BPS      PAY FREQ SEMI-ANNUAL FITCH N/A          MORE THAN TREAS    NON-CALLABLE 5 YRS* *MAKE-WHOLE CALL 50 BPS                                    

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