December 7, 2017 / 9:48 PM / 9 days ago

BRIEF-Sotheby’s Prices $400 Million Of Senior Notes Due 2025

Dec 7 (Reuters) - Sotheby‘s:

* SOTHEBY’S PRICES $400 MILLION OF SENIOR NOTES DUE 2025

* SOTHEBY‘S - PRICING OF $400 MILLION OF ITS SENIOR UNSECURED NOTES DUE 2025 THROUGH AN OFFERING TO QUALIFIED INSTITUTIONAL BUYERS

* SOTHEBY‘S - NOTES WILL BE SOLD TO INVESTORS AT A PRICE OF 100% OF PRINCIPAL AMOUNT THEREOF, PLUS ACCRUED INTEREST FROM DECEMBER 12, 2017

* SOTHEBY‘S - NOTES WILL PAY INTEREST SEMIANNUALLY AT A RATE OF 4.875% PER ANNUM AND WILL MATURE ON DECEMBER 15, 2025 Source text for Eikon: Further company coverage:

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