New Issue-Atlas Energy sells $200 mln in 8-yr notes

Mon Jul 13, 2009 10:28pm BST
[-] Text [+]
  July 13 (Reuters) - Atlas Energy Operating LLC and Atlas
Energy Finance Corp, units of Atlas Energy Resources, Inc
ATN.N on Monday jointly sold $200 million of eight-year
senior notes, said IFR, a Thomson Reuters service.
  The size of the deal was increased from an originally
planned $150 million.
  JP Morgan, Wells Fargo Securities, Bank of America, and
RBC were the joint bookrunning managers for the sale.
BORROWER: ATLAS ENERGY OPERATING CO LLC / ATLAS ENERGY FINANCE
CORP
AMT $200 MLN     COUPON 12.125 PCT   MATURITY 8/1/2017  
TYPE SR NOTES    ISS PRICE 98.116    FIRST PAY 2/1/2010 
MOODY'S B3       YIELD 12.50 PCT     SETTLEMENT 7/16/2009
S&P B-PLUS       SPREAD 932 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A         MORE THAN TREAS    NON-CALLABLE 4 YEARS*
*MAKE-WHOLE CALL 50 BPS


 
 
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