Sept 15 (Reuters) - Alere Inc on Wednesday sold
$400 million of senior subordinated notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
The size of the deal was increased from an originally planned $350 million.
Jefferies, Goldman Sachs, and Citigroup were the joint bookrunning managers for the sale.
BORROWER: ALERE INC
AMT $400 MLN COUPON 8.625 PCT MATURITY 10/1/2018 TYPE SR NTS ISS PRICE 100.00 FIRST PAY 4/1/2011 MOODY'S B3 YIELD 8.625 PCT SETTLEMENT 9/21/2010 S&P B-MINUS SPREAD 631 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: ALERE 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.
Jefferies, Goldman Sachs, and Citigroup were the joint bookrunning managers for the sale.
BORROWER: ALERE INC
AMT $400 MLN COUPON 8.625 PCT MATURITY 10/1/2018 TYPE SR NTS ISS PRICE 100.00 FIRST PAY 4/1/2011 MOODY'S B3 YIELD 8.625 PCT SETTLEMENT 9/21/2010 S&P B-MINUS SPREAD 631 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: ALERE 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.