Sept 22 (Reuters) - Windstream Corp on Wednesday
sold $500 million of senior notes in the 144a private placement
market said IFR, a Thomson Reuters service.
Bank of America Merrill Lynch, Barclays, Citigroup, JP Morgan, RBS, and Wells Fargo Securities were the joint bookrunning managers for the sale.
BORROWER: WINDSTREAM CORPORATION
AMT $500 MLN COUPON 7.750 PCT MATURITY 10/15/2020 TYPE SR NTS ISS PRICE 100.00 FIRST PAY 4/15/2011 MOODY'S Ba3 YIELD 7.750 PCT SETTLEMENT 10/6/2010 S&P B-PLUS SPREAD 523 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: WINDSTREAM 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.
Bank of America Merrill Lynch, Barclays, Citigroup, JP Morgan, RBS, and Wells Fargo Securities were the joint bookrunning managers for the sale.
BORROWER: WINDSTREAM CORPORATION
AMT $500 MLN COUPON 7.750 PCT MATURITY 10/15/2020 TYPE SR NTS ISS PRICE 100.00 FIRST PAY 4/15/2011 MOODY'S Ba3 YIELD 7.750 PCT SETTLEMENT 10/6/2010 S&P B-PLUS SPREAD 523 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: WINDSTREAM 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.