New Issue-St Jude Medical sells $1.2 bln in two parts

 July 23 (Reuters) - St Jude Medical Inc STJ.N on Thursday
sold $1.2 billion in a two-part debt sale, said IFR, a Thomson
Reuters service.

 Bank of America, Goldman Sachs, Mitsubishi, and Wells Fargo
Securities were the joint bookrunning managers for the sale.
 BORROWER: ST JUDE MEDICAL INC
FIRST TRANCHE:
AMT $700 MLN      COUPON 3.75 PCT     MATURITY 7/15/2014 
TYPE SR NOTES     ISS PRICE 99.849    FIRST PAY 1/15/2010
MOODY'S Baa1      YIELD 3.784 PCT     SETTLEMENT 7/28/2009
S&P SINGLE-A      SPREAD 120 BPS      PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A     MORE THAN TREAS    MAKE-WHOLE CALL 20 BPS*
SECOND TRANCHE:
AMT $500 MLN      COUPON 4.875 PCT    MATURITY 7/15/2019 
TYPE SR NOTES     ISS PRICE 98.73     FIRST PAY 1/15/2010
MOODY'S Baa1      YIELD 5.039 PCT     SETTLEMENT 7/28/2009
S&P SINGLE-A      SPREAD 132.5 BPS    PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A     MORE THAN TREAS    MAKE-WHOLE CALL 25 BPS*
* $101 COC PUT