Sept 10 (Reuters) - EXCO Resources Inc on Friday
sold $750 million of senior notes, said IFR, a Thomson Reuters
service.
JP Morgan, Bank of America Merrill Lynch, BNP Paribas, RBC and Wells Fargo Securities were the joint bookrunning managers for the sale.
BORROWER: EXCO RESOURCES INC
AMT $750 MLN COUPON 7.50 PCT MATURITY 9/15/2018 TYPE SR NTS ISS PRICE 98.53 FIRST PAY 3/15/2011 MOODY'S B3 YIELD 7.75 PCT SETTLEMENT 9/15/2010 S&P SINGLE-B SPREAD 535 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: EXCORESOURCES DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com; Editing by Andrew Hay) 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.
JP Morgan, Bank of America Merrill Lynch, BNP Paribas, RBC and Wells Fargo Securities were the joint bookrunning managers for the sale.
BORROWER: EXCO RESOURCES INC
AMT $750 MLN COUPON 7.50 PCT MATURITY 9/15/2018 TYPE SR NTS ISS PRICE 98.53 FIRST PAY 3/15/2011 MOODY'S B3 YIELD 7.75 PCT SETTLEMENT 9/15/2010 S&P SINGLE-B SPREAD 535 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: EXCORESOURCES DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com; Editing by Andrew Hay) 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.