February 26, 2010 / 3:46 PM / 8 years ago

New Issue-Central Garden & Pet sells $400 mln notes

 Feb 26 (Reuters) - Central Garden & Pet Co CENT.N late on
Thursday sold $400 million of senior subordinated notes, said
IFR, a Thomson Reuters service.
 The size of the deal was increased from an originally
planned $300 million.
 JP Morgan and Oppenheimer & Co were the joint bookrunning
managers for the sale.
BORROWER: CENTRAL GARDEN & PET CO
AMT $400 MLN      COUPON 8.25 PCT     MATURITY 3/1/2018  
TYPE SR NOTES     ISS PRICE 100.00    FIRST PAY 9/1/2010 
MOODY'S B3        YIELD 8.25 PCT      SETTLEMENT 3/8/2010
S&P B-MINUS       SPREAD 494 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 4 YRS*
*MAKE-WHOLE CALL 50 BPS

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