New Issue-Tyco Int'l Finance sells $750 mln 10-yr sr notes

Jan 6 (Reuters) - Tyco International Finance, the financing
arm of Tyco International Ltd (TYC.N), on Tuesday sold $750
million in 10-year senior notes, according to International
Financing Review, a Thomson Reuters publication.

The size of the deal was increased from the originally
planned $500 million.

Citigroup and Morgan Stanley were the active bookrunners
for the sale. Bank of America, Deutsche Bank, Goldman Sachs,
and UBS were the passive bookrunners.
BORROWER: TYCO INTERNATIONAL FINANCE*
AMT $750 MLN COUPON 8.50 PCT MATURITY 1/15/2019
TYPE SR NOTES ISS PRICE 99.997 FIRST PAY 7/15/2009
MOODY'S Baa1 YIELD 8.50 PCT SETTLEMENT 1/9/2009
S&P BBB-PLUS SPREAD 681.9 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB-PLUS MORE THAN TREAS MAKE-WHOLE CALL 50
BPS**
*GUARANTEED BY TYCO INTERNATINAL LTD
**ONE-TIME PUT AFTER 5.5 YEARS. $101 COC PUT