June 16 (Reuters) - Limited Brands Inc on Tuesday
sold $500 million of 10-year senior notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
Bank of America and JP Morgan were the joint bookrunning managers for the sale.
BORROWER: LIMITED BRANDS INC
AMT $500 MLN* COUPON 8.50 PCT MATURITY 6/16/2019 TYPE SR NOTES ISS PRICE 96.752 FIRST PAY 12/16/2009 MOODY'S Ba2 YIELD 9.000 PCT SETTLEMENT 6/19/2009 S&P DOUBLE-B SPREAD 534 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS**
*$483.76 MLN PROCEEDS TO ISSUER **EQUITY CLAW: 3-YR 35 PCT AT 108.50
Keywords: LIMITEDBRANDS 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 and JP Morgan were the joint bookrunning managers for the sale.
BORROWER: LIMITED BRANDS INC
AMT $500 MLN* COUPON 8.50 PCT MATURITY 6/16/2019 TYPE SR NOTES ISS PRICE 96.752 FIRST PAY 12/16/2009 MOODY'S Ba2 YIELD 9.000 PCT SETTLEMENT 6/19/2009 S&P DOUBLE-B SPREAD 534 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS**
*$483.76 MLN PROCEEDS TO ISSUER **EQUITY CLAW: 3-YR 35 PCT AT 108.50
Keywords: LIMITEDBRANDS 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.