Jan 11 (Reuters) - SLM Corp on Tuesday sold $2
billion of notes, said IFR, a Thomson Reuters service.
Bank of America Merrill Lynch, Deutsche Bank and JP Morgan were the joint bookrunning managers for the sale.
BORROWER: SLM CORP
AMT $2 BLN COUPON 6.25 PCT MATURITY 1/25/2016 TYPE NTS ISS PRICE 98.939 FIRST PAY 7/25/2011 MOODY'S Ba1 YIELD 6.50 PCT SETTLEMENT 1/14/2011 S&P BBB-MINUS SPREAD 453.8 BPS PAY FREQ SEMI-ANNUAL FITCH BBB-MINUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
Keywords: SLMCORP DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2011. 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, Deutsche Bank and JP Morgan were the joint bookrunning managers for the sale.
BORROWER: SLM CORP
AMT $2 BLN COUPON 6.25 PCT MATURITY 1/25/2016 TYPE NTS ISS PRICE 98.939 FIRST PAY 7/25/2011 MOODY'S Ba1 YIELD 6.50 PCT SETTLEMENT 1/14/2011 S&P BBB-MINUS SPREAD 453.8 BPS PAY FREQ SEMI-ANNUAL FITCH BBB-MINUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
Keywords: SLMCORP DEBT/NOTES (New Issue by Thomson Reuters; +1-646-223-6886 e-mail: uscorpbonds@reuters.com) COPYRIGHT Copyright Thomson Reuters 2011. 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.