May 8 (Reuters) - CBS Corp on Friday sold $750 million in two-part senior notes, said IFR, a Thomson Reuters service.
Bank of America, Citigroup, JP Morgan, and UBS were the joint bookrunning managers for the sale.
BORROWER: CBS CORPORATION
FIRST TRANCHE: AMT $400 MLN COUPON 8.20 PCT MATURITY 5/15/2014 TYPE SR NOTES ISS PRICE 98.796 FIRST PAY 11/15/2009 MOODY'S Baa3 YIELD 8.50 PCT SETTLEMENT 5/13/2009 S&P BBB SPREAD 635.5 BPS/ PAY FREQ SEMI-ANNUAL FITCH BBB MORE THAN TREAS MAKE-WHOLE CALL 75 BPS
SECOND TRANCHE: AMT $350 MLN COUPON 8.875 PCT MATURITY 5/15/2019 TYPE SR NOTES ISS PRICE 97.585 FIRST PAY 11/15/2009 MOODY'S Baa3 YIELD 9.25 PCT SETTLEMENT 5/13/2009 S&P BBB SPREAD 596.2 BPS/ PAY FREQ SEMI-ANNUAL FITCH BBB MORE THAN TREAS MAKE-WHOLE CALL 75 BPS
Keywords: CBSCORP 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, Citigroup, JP Morgan, and UBS were the joint bookrunning managers for the sale.
BORROWER: CBS CORPORATION
FIRST TRANCHE: AMT $400 MLN COUPON 8.20 PCT MATURITY 5/15/2014 TYPE SR NOTES ISS PRICE 98.796 FIRST PAY 11/15/2009 MOODY'S Baa3 YIELD 8.50 PCT SETTLEMENT 5/13/2009 S&P BBB SPREAD 635.5 BPS/ PAY FREQ SEMI-ANNUAL FITCH BBB MORE THAN TREAS MAKE-WHOLE CALL 75 BPS
SECOND TRANCHE: AMT $350 MLN COUPON 8.875 PCT MATURITY 5/15/2019 TYPE SR NOTES ISS PRICE 97.585 FIRST PAY 11/15/2009 MOODY'S Baa3 YIELD 9.25 PCT SETTLEMENT 5/13/2009 S&P BBB SPREAD 596.2 BPS/ PAY FREQ SEMI-ANNUAL FITCH BBB MORE THAN TREAS MAKE-WHOLE CALL 75 BPS
Keywords: CBSCORP 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.