October 5, 2012 / 9:45 PM / 5 years ago

New Issue-David's Bridal sells $270 mln in notes

Oct 5 (Reuters) - David's Bridal Inc sold $270
million of senior unsecured notes on Friday in the 144a private
placement market, said IFR, a Thomson Reuters service. 
    Morgan Stanley, Bank of America Merrill Lynch, Barclays
Capital, Goldman Sachs, Credit Suisse and Deutsche Bank were the
joint bookrunning managers for the sale.
 
BORROWER: DAVID'S BRIDAL

AMT $270 MLN    COUPON 7.75 PCT    MATURITY    10/15/2020   
TYPE SR NTS     ISS PRICE 100      FIRST PAY   04/15/2013
MOODY'S Caa2    YIELD 7.75 PCT     SETTLEMENT  10/11/2012   
S&P CCC-PLUS    SPREAD 647 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A        MORE THAN TREAS   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