New Issue-CNA Financial sells $350 mln in 10-yr notes
Nov 9 (Reuters) - CNA Financial Corp (CNA.N: Quote, Profile, Research) on Monday sold $350 million of senior unsecured notes, said IFR, a Thomson Reuters service.
Citi, JP Morgan and Wells Fargo were the joint bookrunning managers for the sale. BORROWER: CNA FINANCIAL CORPORATION AMT $350 MLN COUPON 7.35 PCT MATURITY 11/15/2019 TYPE SR NTS ISS PRICE 99.887 FIRST PAY 5/15/2010 MOODY'S Baa3 YIELD 7.366 PCT SETTLEMENT 11/13/2009 S&P BBB-MINUS SPREAD 387.5 BPS PAY FREQ SEMI-ANNUAL FITCH BBB-MINUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
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