May 26 (Reuters) - International Automotive Components
Group SA on Thursday sold $300 million of notes in the 144a
private placement market, said IFR, a Thomson Reuters service.
Deutsche Bank, Bank of America and JP Morgan were the joint bookrunning managers for the sale.
BORROWER: INTERNATIONAL AUTOMOTIVE COMPONENTS GROUP SA
AMT $300 MLN COUPON 9.125 PCT MATURITY 6/1/2018 TYPE SR SEC NTS ISS PRICE 100 FIRST PAY 12/1/2011 MOODY'S B3 YIELD 9.125 PCT SETTLEMENT 6/3/2011 S&P SINGLE-B SPREAD 673 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YRS*
* MAKE-WHOLE CALL 50 BPS
Keywords: INTLAUTOMOTIVECOMPONENTSGROUPSA 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.
Deutsche Bank, Bank of America and JP Morgan were the joint bookrunning managers for the sale.
BORROWER: INTERNATIONAL AUTOMOTIVE COMPONENTS GROUP SA
AMT $300 MLN COUPON 9.125 PCT MATURITY 6/1/2018 TYPE SR SEC NTS ISS PRICE 100 FIRST PAY 12/1/2011 MOODY'S B3 YIELD 9.125 PCT SETTLEMENT 6/3/2011 S&P SINGLE-B SPREAD 673 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YRS*
* MAKE-WHOLE CALL 50 BPS
Keywords: INTLAUTOMOTIVECOMPONENTSGROUPSA 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.