New Issue-Woodside Finance sells $700 mln notes

Tue Nov 3, 2009 9:16pm GMT
[-] Text [+]

  Nov 3 (Reuters) - Woodside Finance Ltd, a unit of
Australia's Woodside Petroleum Ltd (WPL.AX: Quote, Profile, Research), on Tuesday sold
$700 million of notes in the 144a private placement market,
said IFR, a Thomson Reuters service.
  The size of the deal was increased from an originally
planned $500 million.
  Citigroup, Deutsche Bank, and JPMorgan were the joint
bookrunning managers for the sale.
BORROWER: WOODSIDE FINANCE
AMT $700 MLN      COUPON 4.50 PCT     MATURITY 11/10/2014
TYPE NOTES        ISS PRICE 99.28     FIRST PAY 5/10/2010
MOODY'S Baa1      YIELD 4.663 PCT     SETTLEMENT 11/10/2009
S&P A-MINUS       SPREAD 230 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    MAKE-WHOLE CALL 35 BPS

 
 
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