New Issue-Carefusion sells $1.4 bln notes in 3 parts
July 15 (Reuters) - Carefusion Corp, which is being spun off by Cardinal Health Inc (CAH.N: Quote, Profile, Research), late on Tuesday sold $1.4 billion of three-part senior notes in the 144a private placement market, said IFR, a Thomson Reuters service.
Deutsche Bank, Goldman Sachs, and UBS were the active bookrunning managers for the sale. Bank of America Merrill Lynch, Barclays Capital, JP Morgan, Morgan Stanley, RBS Capital, and Suntrust Capital were the passive bookrunning managers. BORROWER: CAREFUSION CORPORATION FIRST TRANCHE: AMT $250 MLN COUPON 4.125 PCT MATURITY 8/1/2012 TYPE SR NOTES ISS PRICE 99.311 FIRST PAY 2/1/2010 MOODY'S Baa3 YIELD 4.37 PCT SETTLEMENT 7/21/2009 S&P BBB-MINUS SPREAD 287.5 BPS/ PAY FREQ SEMI-ANNUAL FITCH BBB MORE THAN TREAS MAKE-WHOLE-CALL 45 BPS SECOND TRANCHE: AMT $450 MLN COUPON 5.125 PCT MATURITY 8/1/2014 TYPE SR NOTES ISS PRICE 98.974 FIRST PAY 2/1/2010 MOODY'S Baa3 YIELD 5.36 PCT SETTLEMENT 7/21/2009 S&P BBB-MINUS SPREAD 300 BPS/ PAY FREQ SEMI-ANNUAL FITCH BBB MORE THAN TREAS MAKE-WHOLE-CALL 45 BPS THIRD TRANCHE: AMT $700 MLN COUPON 6.375 PCT MATURITY 8/1/2019 TYPE SR NOTES ISS PRICE 99.358 FIRST PAY 2/1/2010 MOODY'S Baa3 YIELD 6.601 PCT SETTLEMENT 7/21/2009 S&P BBB-MINUS SPREAD 312.5 BPS/ PAY FREQ SEMI-ANNUAL FITCH BBB MORE THAN TREAS MAKE-WHOLE-CALL 50 BPS
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