Nov 10 (Reuters) - HCC Insurance Holdings Inc on
Tuesday sold $300 million of senior unsecured notes, said IFR,
a Thomson Reuters service.
Bank of America, JPMorgan, and Wells Fargo were the joint bookrunning managers for the sale.
BORROWER: HCC INSURANCE HOLDINGS INCORPORATED
AMT $300 MLN COUPON 6.30 PCT MATURITY 11/15/2019 TYPE SR NTS ISS PRICE 99.488 FIRST PAY 5/15/2010 MOODY'S Baa1 YIELD 6.37 PCT SETTLEMENT 11/16/2009 S&P SINGLE-A SPREAD 287.5 BPS PAY FREQ SEMI-ANNUAL FITCH SINGLE-A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
Keywords: HCCINSURANCE 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.
Bank of America, JPMorgan, and Wells Fargo were the joint bookrunning managers for the sale.
BORROWER: HCC INSURANCE HOLDINGS INCORPORATED
AMT $300 MLN COUPON 6.30 PCT MATURITY 11/15/2019 TYPE SR NTS ISS PRICE 99.488 FIRST PAY 5/15/2010 MOODY'S Baa1 YIELD 6.37 PCT SETTLEMENT 11/16/2009 S&P SINGLE-A SPREAD 287.5 BPS PAY FREQ SEMI-ANNUAL FITCH SINGLE-A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
Keywords: HCCINSURANCE 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.
