Sept 9 (Reuters) - WR Berkley Corp on Wednesday
sold $300 million of senior notes, said IFR, a Thomson Reuters
service.
The size of the deal was increased from an originally planned $250 million.
Credit Suisse was the sole bookrunning manager for the sale.
BORROWER: W.R. BERKLEY CORP
AMT $300 MLN COUPON 7.375 PCT MATURITY 9/15/2019 TYPE SNR NOTES ISS PRICE 100 FIRST PAY 3/15/2010 MOODY'S Baa2 YIELD 7.375 PCT SETTLEMENT 9/14/2009 S&P BBB-PLUS SPREAD 390 BPS PAY FREQ SEMI-ANNUAL FITCH BBB-PLUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
Keywords: WRBERKLEY DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. 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 $250 million.
Credit Suisse was the sole bookrunning manager for the sale.
BORROWER: W.R. BERKLEY CORP
AMT $300 MLN COUPON 7.375 PCT MATURITY 9/15/2019 TYPE SNR NOTES ISS PRICE 100 FIRST PAY 3/15/2010 MOODY'S Baa2 YIELD 7.375 PCT SETTLEMENT 9/14/2009 S&P BBB-PLUS SPREAD 390 BPS PAY FREQ SEMI-ANNUAL FITCH BBB-PLUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
Keywords: WRBERKLEY DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. 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.
© 2009 AFX News
