April 30 (Reuters) - Supermarket chain Ingles Markets Inc (IMKTA.O: Quote, Profile, Research), on Thursday sold $575 million of eight-year senior notes in the 144a private placement market, said IFR, a Thomson Reu
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The size of the deal was increased from an originally planned $500 million.

Bank of America and Wachovia were the joint bookrunning managers for the sale.
BORROWER: INGLES MARKETS INC
AMT $575 MLN* COUPON 8.875 PCT MATURITY 5/15/2017
TYPE SR NOTES ISS PRICE 96.548 FIRST PAY 11/15/2009
MOODY'S B1 YIELD 9.50 PCT SETTLEMENT 5/12/2009
S&P BB-MINUS SPREAD 644 BPS/ PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS**
* FACE:$575 MLN. PROCEEDS:$555.15 MLN.
** NON-CALLABLE 4-YRS THEN AT 104.438, 102.219, 100.

EQUITY CALL: 3YR 35% AT 108.875.