New Issue-Black Hills Corp sells $250 mln in 5-yr sr notes

Mon May 11, 2009 11:40pm BST
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  May 11 (Reuters) - A diversified energy company Black Hills Corp (BKH.N: Quote, Profile, Research), on Monday sold $250 million of five-year senior notes, said IFR, a Thomson Reuters service.
  Credit Suisse and RBS were the joint bookrunning managers for the sale.
BORROWER: BLACK HILLS CORPORATION
AMT $250 MLN       COUPON 9.00 PCT     MATURITY 5/15/2014  
TYPE SR NOTES      ISS PRICE 100       FIRST PAY 11/15/2009
MOODY'S Baa3       YIELD 9.00 PCT      SETTLEMENT 5/14/2009
S&P BBB-MINUS      SPREAD 697.9 BPS/   PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-B      MORE THAN TREAS    MAKE-WHOLE CALL 50 BPS
* COC PUT AT 101.

 
 
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