March 10 (Reuters) - PartnerRe Finance B LLC, a unit of
PartnerRe Ltd, on Wednesday sold $500 million of senior
notes, said IFR, a Thomson Reuters service.
The size of the deal was increased from an originally planned $400 million.
Bank of America Merrill Lynch, Barclays, and Credit Suisse were the joint bookrunning managers for the sale.
BORROWER: PARTNERRE FINANCE B LLC
AMT $500 MLN COUPON 5.50 PCT MATURITY 6/1/2020 TYPE SR NOTES ISS PRICE 99.885 FIRST PAY 6/1/2010 MOODY'S A2 YIELD 5.516 PCT SETTLEMENT 3/15/2010 S&P SINGLE-A SPREAD 180 BPS PAY FREQ SEMI-ANNUAL FITCH A-PLUS MORE THAN TREAS MAKE-WHOLE CALL 30 BPS
Keywords: PARTNERRE DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The size of the deal was increased from an originally planned $400 million.
Bank of America Merrill Lynch, Barclays, and Credit Suisse were the joint bookrunning managers for the sale.
BORROWER: PARTNERRE FINANCE B LLC
AMT $500 MLN COUPON 5.50 PCT MATURITY 6/1/2020 TYPE SR NOTES ISS PRICE 99.885 FIRST PAY 6/1/2010 MOODY'S A2 YIELD 5.516 PCT SETTLEMENT 3/15/2010 S&P SINGLE-A SPREAD 180 BPS PAY FREQ SEMI-ANNUAL FITCH A-PLUS MORE THAN TREAS MAKE-WHOLE CALL 30 BPS
Keywords: PARTNERRE DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
