July 29 (Reuters) - Range Resources on Thursday
sold $500 million of senior subordinated notes, said IFR, a
Thomson Reuters service.
The size of the deal was increased from an originally planned $350 million.
JP Morgan, Bank of America Merrill Lynch and Wells Fargo Securities were the joint bookrunning managers for the sale.
BORROWER: RANGE RESOURCES CORP
AMT $500 MLN COUPON 6.75 PCT MATURITY 8/1/2020 TYPE SR NTS ISS PRICE 100.00 FIRST PAY 2/1/2011 MOODY'S Ba3 YIELD 6.75 PCT SETTLEMENT 8/12/2010 S&P DOUBLE-B SPREAD 375 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YRS*
* MAKE-WHOLE CALL 50 BPS
Keywords: RANGERESOURCES 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 $350 million.
JP Morgan, Bank of America Merrill Lynch and Wells Fargo Securities were the joint bookrunning managers for the sale.
BORROWER: RANGE RESOURCES CORP
AMT $500 MLN COUPON 6.75 PCT MATURITY 8/1/2020 TYPE SR NTS ISS PRICE 100.00 FIRST PAY 2/1/2011 MOODY'S Ba3 YIELD 6.75 PCT SETTLEMENT 8/12/2010 S&P DOUBLE-B SPREAD 375 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YRS*
* MAKE-WHOLE CALL 50 BPS
Keywords: RANGERESOURCES 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.