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New Issue-Holly Energy sells $150 mln in notes
March 5, 2010 / 9:21 PM / 8 years ago

New Issue-Holly Energy sells $150 mln in notes

 March 5 (Reuters) - Holly Energy Partners LP/Finance Corp (HEP.N) on Friday sold $150 million of senior notes in the 144a private placement market, said IFR, a Thomson Reuters service.
 UBS, Bank of America Merrill Lynch and Goldman Sachs were the joint bookrunning managers for the sale. BORROWER: HOLLY ENERGY PARTNERS LP/FINANCE CORP AMT $150 MLN      COUPON 8.25 PCT     MATURITY 3/15/2018 TYPE SR NOTES     ISS PRICE 100.00    FIRST PAY 9/15/2010 MOODY‘S B1        YIELD 8.25 PCT      SETTLEMENT 3/10/2010 S&P B-PLUS        SPREAD 491 BPS      PAY FREQ SEMI-ANNUAL FITCH N/A          MORE THAN TREAS    NON-CALLABLE 4 YRS* * MAKE-WHOLE CALL 50 BPS  

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