New Issue-CW Media Holdings sells $312 mln in PIK notes
June 26 (Reuters) - CW Media Holdings Inc on Thursday sold $312 million in seven-year senior PIK notes in the 144a private placement market, said market sources.
Goldman Sachs was the sole bookrunning manager for the sale. BORROWER: CW MEDIA HOLDINGS INC AMT $312 MLN COUPON 13.50 PCT MATURITY 8/15/2015 TYPE SR PIK NTS ISS PRICE 100 FIRST PAY 2/15/2009* MOODY'S B2 YIELD 13.50 PCT SETTLEMENT 7/3/2008 S&P CCC-PLUS SPREAD 984 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON CALLABLE 3-YEARS *PIK FOR 3-YEARS, THEN CASH PAY
© Thomson Reuters 2009. All rights reserved. | Learn more about Thomson Reuters
