New Issue-MetLife Global Fdg I sells $230 mln GIC-backed notes
April 8 (Reuters) - Metropolitan Life Global Funding I, a unit of U.S. life insurer MetLife Inc (MET.N: Quote, Profile, Research), on Wednesday sold $230 million of two-year GIC backed notes in the 144a private placement market, said IFR, a Thomson Reuters service.
Morgan Stanley was the sole bookrunning manager for the sale. BORROWER: METROPOLITAN LIFE GLOBAL FUNDING I AMT $230 MLN COUPON NOTES* MATURITY 4/14/2011 TYPE STEP-UP NTS ISS PRICE 100 FIRST PAY 7/14/2009 MOODY'S Aa2 YIELD N/A SETTLEMENT 4/14/2009 S&P AA-MINUS SPREAD N/A PAY FREQ QUARTERLY FITCH N/A NON-CALLABLE * 3ML+60, +70, +80, +100, +125, +175, +200, +225. GIC-BACKED NOTES.
© Thomson Reuters 2009. All rights reserved. | Learn more about Thomson Reuters
