New Issue - Hewlett-Packard sells $2 bln in three parts
May 21 (Reuters) - Hewlett-Packard Co (HPQ.N: Quote, Profile, Research) on Thursday sold $2 billion of debt in three parts, said IFR, a Thomson Reuters publication.
Bank of America, Credit Suisse and Morgan stanley were the active bookrunning managers for the sale. Deutsche Bank and the Royal Bank of Scotland were the passive bookrunners. BORROWER: HEWLETT-PACKARD CO AMT $750 MLN COUPON 105 BPS/ MATURITY 5/27/2011 TYPE FRN 3-MONTH LIBOR FIRST PAY 8/27/2009 MOODY'S A2 ISS PRICE 100 SETTLEMENT 5/27/2009 S&P SINGLE-A YIELD N/A PAY FREQ QUARTERLY FITCH A-PLUS SPREAD N/A NON-CALLABLE AMT $1.0 BLN COUPON 2.25 PCT MATURITY 5/27/2011 TYPE NOTES ISS PRICE 99.967 FIRST PAY 11/27/2009 MOODY'S A2 YIELD 2.267 PCT SETTLEMENT 5/27/2009 S&P SINGLE-A SPREAD 140 BPS PAY FREQ SEMI-ANNUAL FITCH A-PLUS MORE THAN TREAS MAKE-WHOLE CALL 25 BPS AMT $250 MLN COUPON 2.95 PCT MATURITY 8/15/2012 TYPE NOTES ISS PRICE 99.984 FIRST PAY 8/15/2009 MOODY'S A2 YIELD 2.956 PCT SETTLEMENT 5/27/2009 S&P SINGLE-A SPREAD 160 BPS PAY FREQ SEMI-ANNUAL FITCH A-PLUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
© Thomson Reuters 2009. All rights reserved. | Learn more about Thomson Reuters
