Jan 25 (Reuters) - Dana Holding Corp on Tuesday
sold $750 million of senior notes in a two-part sale, said IFR,
a Thomson Reuters service.
The size of the deal was increased from an originally planned $700 million.
Citi, Wells Fargo Securities, Bank of America Merrill Lynch, Barclays, ING, Deutsche Bank and UBS were the joint bookrunning managers for the sale.
BORROWER: DANA HOLDING CORP
TRANCHE 1 AMT $400 MLN COUPON 6.50 PCT MATURITY 2/15/2019 TYPE SR NTS ISS PRICE 100 FIRST PAY 8/15/2011 MOODY'S B3 YIELD 6.50 PCT SETTLEMENT 1/28/2011 S&P BB-MINUS SPREAD N/A PAY FREQ SEMI-ANNUAL FITCH N/A NON-CALLABLE 4 YRS*
TRANCHE 2 AMT $350 MLN COUPON 6.75 PCT MATURITY 2/15/2021 TYPE SR NTS ISS PRICE 100 FIRST PAY 8/15/2011 MOODY'S B3 YIELD 6.75 PCT SETTLEMENT 1/28/2011 S&P BB-MINUS SPREAD N/A PAY FREQ SEMI-ANNUAL FITCH N/A NON-CALLABLE 5 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: DANAHOLDING 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.
The size of the deal was increased from an originally planned $700 million.
Citi, Wells Fargo Securities, Bank of America Merrill Lynch, Barclays, ING, Deutsche Bank and UBS were the joint bookrunning managers for the sale.
BORROWER: DANA HOLDING CORP
TRANCHE 1 AMT $400 MLN COUPON 6.50 PCT MATURITY 2/15/2019 TYPE SR NTS ISS PRICE 100 FIRST PAY 8/15/2011 MOODY'S B3 YIELD 6.50 PCT SETTLEMENT 1/28/2011 S&P BB-MINUS SPREAD N/A PAY FREQ SEMI-ANNUAL FITCH N/A NON-CALLABLE 4 YRS*
TRANCHE 2 AMT $350 MLN COUPON 6.75 PCT MATURITY 2/15/2021 TYPE SR NTS ISS PRICE 100 FIRST PAY 8/15/2011 MOODY'S B3 YIELD 6.75 PCT SETTLEMENT 1/28/2011 S&P BB-MINUS SPREAD N/A PAY FREQ SEMI-ANNUAL FITCH N/A NON-CALLABLE 5 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: DANAHOLDING 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.