Jan 13 (Reuters) - Valassis Communications Inc on
Thursday sold $260 million of senior notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
Bank of America Merrill Lynch and JP Morgan were the joint bookrunning managers for the sale.
BORROWER: VALASSIS COMMUNICATIONS INC
AMT $260 MLN COUPON 6.625 PCT MATURITY 2/1/2021 TYPE SR NTS ISS PRICE 100 FIRST PAY 8/1/2011 MOODY'S Ba3 YIELD 6.625 PCT SETTLEMENT 1/28/2011 S&P BB-MINUS SPREAD 333 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: VALASSISCOMMUNICATIONS 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 and JP Morgan were the joint bookrunning managers for the sale.
BORROWER: VALASSIS COMMUNICATIONS INC
AMT $260 MLN COUPON 6.625 PCT MATURITY 2/1/2021 TYPE SR NTS ISS PRICE 100 FIRST PAY 8/1/2011 MOODY'S Ba3 YIELD 6.625 PCT SETTLEMENT 1/28/2011 S&P BB-MINUS SPREAD 333 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: VALASSISCOMMUNICATIONS 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.