New Issue - National Fuel Gas sells $300 mln in notes
April 8 (Reuters) - National Fuel Gas Co (NFG.N: Quote, Profile, Research), a diversified natural gas exploration and distribution company, on Tuesday sold $300 million of 10-year notes in the 144a private placement market, said market sources.
Banc of America Securities, BNY Capital Markets and JP Morgan were the joint bookrunning managers for the sale. BORROWER: NATIONAL FUEL GAS CO AMT $300 MLN COUPON 6.50 PCT MATURITY 4/15/2018 TYPE NOTES ISS PRICE 99.535 FIRST PAY 10/15/2008 MOODY'S Baa1 YIELD 6.564 PCT SETTLEMENT 4/11/2008 S&P BBB-PLUS SPREAD 300 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 45 BPS *$101 COC PUT
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