Mar 3 (Reuters) - Pharmaceutical company Eli Lilly & Co on Tuesday sold $2.4 billion of senior debt in three
parts, said IFR, a Thomson Reuters service.
UBS, Deutsche Bank and Credit Suisse were the active bookrunning managers for the sale. While Bank of America and Citigroup were the passive bookrunners.
BORROWER: ELI LILLY AND COMPANY
FIRST TRANCHE: AMT $1.0 BLN COUPON 3.55 PCT MATURITY 3/6/2012 TYPE SR NOTES ISS PRICE 99.898 FIRST PAY 9/6/2012 MOODY'S A1 YIELD 3.586 PCT SETTLEMENT 3/6/2009 S&P DOUBLE-A SPREAD 230 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 35 BPS
SECOND TRANCHE: AMT $1.0 BLN COUPON 4.20 PCT MATURITY 3/6/2014 TYPE SR NOTES ISS PRICE 99.955 FIRST PAY 9/6/2009 MOODY'S A1 YIELD 4.21 PCT SETTLEMENT 3/6/2009 S&P DOUBLE-A SPREAD 237.5 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 35 BPS
THIRD TRANCHE: AMT $400 MLN COUPON 5.95 PCT MATURITY 11/15/2037 TYPE SR NOTES ISS PRICE 99.019 FIRST PAY N/A MOODY'S A1 YIELD 6.023 PCT SETTLEMENT 3/6/2009 S&P DOUBLE-A SPREAD 240 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 35 BPS
Keywords: ELILILLY 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, Deutsche Bank and Credit Suisse were the active bookrunning managers for the sale. While Bank of America and Citigroup were the passive bookrunners.
BORROWER: ELI LILLY AND COMPANY
FIRST TRANCHE: AMT $1.0 BLN COUPON 3.55 PCT MATURITY 3/6/2012 TYPE SR NOTES ISS PRICE 99.898 FIRST PAY 9/6/2012 MOODY'S A1 YIELD 3.586 PCT SETTLEMENT 3/6/2009 S&P DOUBLE-A SPREAD 230 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 35 BPS
SECOND TRANCHE: AMT $1.0 BLN COUPON 4.20 PCT MATURITY 3/6/2014 TYPE SR NOTES ISS PRICE 99.955 FIRST PAY 9/6/2009 MOODY'S A1 YIELD 4.21 PCT SETTLEMENT 3/6/2009 S&P DOUBLE-A SPREAD 237.5 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 35 BPS
THIRD TRANCHE: AMT $400 MLN COUPON 5.95 PCT MATURITY 11/15/2037 TYPE SR NOTES ISS PRICE 99.019 FIRST PAY N/A MOODY'S A1 YIELD 6.023 PCT SETTLEMENT 3/6/2009 S&P DOUBLE-A SPREAD 240 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 35 BPS
Keywords: ELILILLY 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.