New Issue-US Oncology sells $775 mln in 8-yrar notes

Thu Jun 4, 2009 11:17pm BST
[-] Text [+]
  June 4 (Reuters) - US Oncology Inc on Thursday sold $775
million of eight-year senior secured second lien notes in the
144a private placement market, said IFR, a Thomson Reuters
service.
  The size of the deal was increased from an originally
planned $465 million.
  Morgan Stanley, Deutsche Bank, JP Morgan, and Wachovia
were the joint bookrunning managers for the sale.
BORROWER: US ONCOLOGY INC
AMT $775 MLN*     COUPON 9.125 PCT    MATURITY 8/15/2017 
TYPE SR SEC NTS   ISS PRICE 97.926    FIRST PAY 8/15/2009
MOODY'S Ba3       YIELD 9.500 PCT     SETTLEMENT 6/18/2009
S&P SINGLE-B      SPREAD 606 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    MAKE-WHOLE CALL 50 BPS
*$758.9265 MLN PROCEEDS TO ISSUER

 
 
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