New Issue-Viasystems sells $220 mln in 5-yr notes

Tue Nov 10, 2009 6:15pm GMT
[-] Text [+]
  Nov 10 (Reuters) - Viasystems Inc on Tuesday sold $220
million of senior secured notes in the 144a private placement
market, said IFR, a Thomson Reuters service.
  Goldman Sachs and Wells Fargo were the joint bookrunning
managers for the sale.
BORROWER: VIASYSTEMS INC
AMT $220 MLN      COUPON 12.00 PCT    MATURITY 1/15/2015 
TYPE SR SEC NTS   ISS PRICE 96.269    FIRST PAY 7/15/2010
MOODY'S B3        YIELD 13.00 PCT     SETTLEMENT 11/24/2009
S&P B-PLUS        SPREAD 1,064 BPS    PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 2.5 YRS*
*MAKE-WHOLE CALL 50 BPS

 
 
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