Mar 2 (Reuters) - Oil and gas producer Anadarko Petroleum
Corporation on Monday sold $1.1 billion in a two-part
debt sale, said IFR, a Thomson Reuters service.
J.P. Morgan and UBS were the active bookrunners for the sale while Credit Suisse was the passive bookrunner.
BORROWER: ANADARKO PETROLEUM CORPORATION
FIRST TRANCHE: AMT $500 MLN COUPON 7.625 PCT MATURITY 3/15/2014 TYPE SR UNSEC NTS ISS PRICE 99.70 FIRST PAY 9/15/2009 MOODY'S Baa3 YIELD 7.697 PCT SETTLEMENT 3/5/2009 S&P BBB-MINUS SPREAD 587.5 BPS PAY FREQ SEMI-ANNUAL FITCH BBB-MINUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
SECOND TRANCHE: AMT $600 MLN COUPON 8.70 PCT MATURITY 3/15/2009 TYPE SR UNSEC NTS ISS PRICE 99.685 FIRST PAY 9/15/2009 MOODY'S Baa3 YIELD 8.747 PCT SETTLEMENT 3/1/2009 S&P BBB-MINUS SPREAD 587.5 BPS PAY FREQ SEMI-ANNUAL FITCH BBB-MINUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
Keywords: ANADARKO 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.
J.P. Morgan and UBS were the active bookrunners for the sale while Credit Suisse was the passive bookrunner.
BORROWER: ANADARKO PETROLEUM CORPORATION
FIRST TRANCHE: AMT $500 MLN COUPON 7.625 PCT MATURITY 3/15/2014 TYPE SR UNSEC NTS ISS PRICE 99.70 FIRST PAY 9/15/2009 MOODY'S Baa3 YIELD 7.697 PCT SETTLEMENT 3/5/2009 S&P BBB-MINUS SPREAD 587.5 BPS PAY FREQ SEMI-ANNUAL FITCH BBB-MINUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
SECOND TRANCHE: AMT $600 MLN COUPON 8.70 PCT MATURITY 3/15/2009 TYPE SR UNSEC NTS ISS PRICE 99.685 FIRST PAY 9/15/2009 MOODY'S Baa3 YIELD 8.747 PCT SETTLEMENT 3/1/2009 S&P BBB-MINUS SPREAD 587.5 BPS PAY FREQ SEMI-ANNUAL FITCH BBB-MINUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
Keywords: ANADARKO 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.