April 21 (Reuters) - Standard Pacific Corp on
Wednesday sold $300 million of senior notes, said IFR, a
Thomson Reuters service.
The size of the deal was increased from an originally planned $200 million.
JP Morgan was the sole bookrunning manager for the sale.
BORROWER: STANDARD PACIFIC CORP
AMT $300 MLN COUPON 8.375 PCT MATURITY 5/15/2018 TYPE SR NOTES ISS PRICE 100 FIRST PAY 11/15/2010 MOODY'S B3 YIELD 8.375 PCT SETTLEMENT 5/3/2010 S&P B-MINUS SPREAD 497 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE-CALL 50 BPS
Keywords: STANDARDPACIFIC DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. 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.
The size of the deal was increased from an originally planned $200 million.
JP Morgan was the sole bookrunning manager for the sale.
BORROWER: STANDARD PACIFIC CORP
AMT $300 MLN COUPON 8.375 PCT MATURITY 5/15/2018 TYPE SR NOTES ISS PRICE 100 FIRST PAY 11/15/2010 MOODY'S B3 YIELD 8.375 PCT SETTLEMENT 5/3/2010 S&P B-MINUS SPREAD 497 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE-CALL 50 BPS
Keywords: STANDARDPACIFIC DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. 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.