New Issue-ConocoPhillips sells $3 bln in three parts

Mon May 18, 2009 11:57pm BST
[-] Text [+]
 May 18 (Reuters) - ConocoPhillips (COP.N: Quote, Profile, Research) on Monday sold $3
billion in a three-part debt sale, said market sources.
 Citigroup, Deutsche Bank, RBS Greenwich Capital, Bank of
America, Barclays, Credit Suisse and JP Morgan were the joint
book-running managers for the sale.
BORROWER: CONOCOPHILLIPS
FIRST TRANCHE:
AMT $1.5 BLN       COUPON 4.60 PCT     MATURITY 1/15/2015 
TYPE NOTES         ISS PRICE 99.911    FIRST PAY N/A      
MOODY'S A1         YIELD 4.616 PCT     SETTLEMENT 5/21/2009
S&P SINGLE-A       SPREAD 250 BPS/     PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A      MORE THAN TREAS    NON-CALLABLE      
SECOND TRANCHE:
AMT $1 BLN         COUPON 6.00 PCT     MATURITY 1/15/2020 
TYPE NOTES         ISS PRICE 99.247    FIRST PAY N/A      
MOODY'S A1         YIELD 6.095 PCT     SETTLEMENT 5/21/2009
S&P SINGLE-A       SPREAD 285 BPS/     PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A      MORE THAN TREAS    NON-CALLABLE      
THIRD TRANCHE:
AMT $500 MLN       COUPON 6.50 PCT     MATURITY 2/1/2039  
TYPE REOPEN NOTES  ISS PRICE 92.879    FIRST PAY 8/1/2009 
MOODY'S A1         YIELD 7.076 PCT     SETTLEMENT 5/21/2009
S&P SINGLE-A       SPREAD 287.5 BPS/   PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A      MORE THAN TREAS    NON-CALLABLE      


 
 

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