Feb 4 (Reuters) - Aleris International Inc on Friday sold
$500 million of senior notes in the 144a private placement
market, said IFR, a Thomson Reuters service.
Bank of America Merrill Lynch, Barclays, Deutsche Bank, JP Morgan and UBS were the joint bookrunning managers for the sale.
BORROWER: ALERIS INTERNATIONAL INC
AMT $500 MLN COUPON 7.625 PCT MATURITY 2/15/2018 TYPE SR NTS ISS PRICE 100.00 FIRST PAY 8/15/2011 MOODY'S B1 YIELD 7.625 PCT SETTLEMENT 2/9/2011 S&P B-PLUS SPREAD 440 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 3 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: ALERISINTERNATIONAL 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, Barclays, Deutsche Bank, JP Morgan and UBS were the joint bookrunning managers for the sale.
BORROWER: ALERIS INTERNATIONAL INC
AMT $500 MLN COUPON 7.625 PCT MATURITY 2/15/2018 TYPE SR NTS ISS PRICE 100.00 FIRST PAY 8/15/2011 MOODY'S B1 YIELD 7.625 PCT SETTLEMENT 2/9/2011 S&P B-PLUS SPREAD 440 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 3 YRS*
*MAKE-WHOLE CALL 50 BPS
Keywords: ALERISINTERNATIONAL 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.