New Issue-Praxair Inc sells $400 mln in 3-yr notes
Nov 10 (Reuters) - Praxair Inc (PX.N: Quote, Profile, Research) sold $400 million of notes on Tuesday, said IFR, a Thomson Reuters service.
The size of the deal was increased from an originally planned $300 million.
Bank of America and Deutsche Bank were the joint bookrunning managers for the sale. BORROWER: PRAXAIR INCORPORATED AMT $400 MLN COUPON 1.75 PCT MATURITY 11/15/2012 TYPE NOTES ISS PRICE 99.71 FIRST PAY 5/15/2010 MOODY'S A2 YIELD 1.85 PCT SETTLEMENT 11/16/2009 S&P A-SINGLE SPREAD 50 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 15 BPS
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