New Issue-Pioneer Natural Resources sells $450 mln notes

Mon Nov 9, 2009 9:30pm GMT
[-] Text [+]
  Nov 9 (Reuters) - Pioneer Natural Resources Company
(PXD.N: Quote, Profile, Research) on Monday sold $450 million of senior notes, said IFR,
a Thomson Reuters service.
 The size of the deal was increased from an originally
planned $300 million.
BORROWER: PIONEER NATURAL RESOURCES COMPANY
AMT $450 MLN      COUPON 7.50 PCT     MATURITY 1/15/2020 
TYPE SR NTS       ISS PRICE 99.142    FIRST PAY 7/15/2010
MOODY'S Ba1       YIELD 7.625 PCT     SETTLEMENT 11/13/2009
S&P BB-PLUS       SPREAD 414 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE*      
*MAKE-WHOLE CALL 50 BPS

 
 
PXD.N
Last:
Change:
Up/Down:
 
by Name by Symbol