New Issue-Quicksilver Resources sells $600 mln notes
June 18 (Reuters) - Quicksilver Resources Inc (KWK.N: Quote, Profile, Research) on Thursday sold $600 million of senior notes due Jan. 1, 2016, said IFR, a Thomson Reuters service.
The size of the deal was increased from an originally planned $425 million.
Credit Suisse, Deutsche Bank, and JP Morgan were the joint bookrunning managers for the sale. BORROWER: QUICKSILVER RESOURCES, INC AMT $600 MLN COUPON 11.75 PCT MATURITY 1/1/2016 TYPE SR NOTES ISS PRICE 97.717 FIRST PAY 1/1/2010 MOODY'S B2 YIELD 12.50 PCT SETTLEMENT 6/25/2009 S&P B-MINUS SPREAD 916 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YEARS* *CALL SCHEDULE: 105.875, 102.938, 100
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