April 15, 2011 / 7:38 PM / 7 years ago

New Issue-Calumet Specialty Products sells $400 mln notes

  April 15 (Reuters) - Calumet Specialty Products Partners LP (CLMT.O) and Calumet Finance Corp on Friday sold $400 million of senior notes in the 144a private placement market, said IFR, a Thomson Reuters service.
  The size of the deal was increased from an originally planned $375 million.
  Bank of America Merrill Lynch and Goldman Sachs were the joint bookrunning managers for the sale. BORROWER: CALUMET SPECIALTY PRODUCTS PARTNERS LP AMT $400 MLN      COUPON 9.375 PCT    MATURITY 5/1/2019   TYPE SR NTS       ISS PRICE 100       FIRST PAY 11/1/2011 MOODY‘S B3        YIELD 9.375 PCT     SETTLEMENT 4/21/2011 S&P SINGLE-B      SPREAD 636 BPS      PAY FREQ SEMI-ANNUAL FITCH N/A          MORE THAN TREAS    NON-CALLABLE 4 YRS* *MAKE-WHOLE CALL 50 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