Oct 2 (Reuters) - Venoco Inc on Friday sold $150
million of senior notes in the 144a private placement market,
said IFR, a Thomson Reuters service.
UBS, BMO Capital, Credit Suisse and RBS were the joint bookrunning managers for the sale.
BORROWER: VENOCO INC
AMT $150 MLN COUPON 11.50 PCT MATURITY 10/1/2017 TYPE SNR NOTES ISS PRICE 95.03 FIRST PAY 4/1/2010 MOODY'S Caa2 YIELD 12.50 PCT SETTLEMENT 10/7/2009 S&P CCC-PLUS SPREAD 928 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YEARS
Keywords: VENOCOINC 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.
UBS, BMO Capital, Credit Suisse and RBS were the joint bookrunning managers for the sale.
BORROWER: VENOCO INC
AMT $150 MLN COUPON 11.50 PCT MATURITY 10/1/2017 TYPE SNR NOTES ISS PRICE 95.03 FIRST PAY 4/1/2010 MOODY'S Caa2 YIELD 12.50 PCT SETTLEMENT 10/7/2009 S&P CCC-PLUS SPREAD 928 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YEARS
Keywords: VENOCOINC 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.
