Reuters logo
New Issue-Cabot Corp sells $600 mln 2-pt notes
July 10, 2012 / 3:06 PM / 5 years ago

New Issue-Cabot Corp sells $600 mln 2-pt notes

July 10 (Reuters) - Cabot Corporation on Monday sold
$600 million of senior unsecured notes in two parts, said IFR, a
Thomson Reuters service. 
    JP Morgan and Citigroup were the joint bookrunning managers
for the sale.

BORROWER: CABOT CORP 

TRANCHE 1
AMT $250 MLN    COUPON 2.55 PCT    MATURITY    01/15/2018
TYPE SR NTS     ISS PRICE 99.872   FIRST PAY   01/15/2013
MOODY'S Baa2    YIELD 2.575 PCT    SETTLEMENT  07/12/2012   
S&P BBB-PLUS    SPREAD 195 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A       MORE THAN TREAS    MAKE-WHOLE CALL 30 BPS
    
TRANCHE 2
AMT $350 MLN    COUPON 3.70 PCT    MATURITY    07/15/2022
TYPE SR NTS     ISS PRICE 99.892   FIRST PAY   01/15/2013 
MOODY'S Baa2    YIELD 3.713 PCT    SETTLEMENT  07/12/2012   
S&P BBB-PLUS    SPREAD 220 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A       MORE THAN TREAS    MAKE-WHOLE CALL 35 BPS

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