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New Issue-Alleghany Corp sells $300 mln in notes
September 15, 2010 / 9:50 PM / 7 years ago

New Issue-Alleghany Corp sells $300 mln in notes

 Sept 15 (Reuters) - Alleghany Corp (Y.N) on Wednesday sold $300 million of senior unsecured notes, said IFR, a Thomson Reuters service.
 JP Morgan, US Bancorp and Wells Fargo Securities were the joint bookrunning managers for the sale. BORROWER: ALLEGHANY CORP AMT $300 MLN      COUPON 5.625 PCT    MATURITY 9/15/2020  TYPE SR NTS       ISS PRICE 99.631    FIRST PAY 3/15/2011 MOODY‘S Baa2      YIELD 5.674 PCT     SETTLEMENT 9/20/2010 S&P TRIPLE-B      SPREAD 295 BPS      PAY FREQ SEMI-ANNUAL FITCH N/A          MORE THAN TREAS    MAKE-WHOLE CALL 45 BPS  

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