New Issue - British Telecom adds $750 mln in two parts
March 19 (Reuters) - British Telecommunications Plc on Wednesday adds $750 million of senior notes in two parts, said market sources.
Barclays Capital, Citigroup Global Markets Inc, Deutsche Bank Securities Inc, HSBC Securities and RBS Greenwich Capital were the joint lead managers for the sale. BORROWER: BRITISH TELECOMMUNICATIONS PLC FIRST TRANCHE: AMT $250 MLN COUPON 5.15 PCT MATURITY 1/15/2013 TYPE SR NOTES ISS PRICE 98.438 FIRST PAY 7/15/2008 MOODY'S Baa1 YIELD 5.521 PCT SETTLEMENT 3/27/2008 S&P BBB-PLUS SPREAD 320 BPS PAY FREQ SEMI-ANNUAL FITCH BBB-PLUS MORE THAN TREAS NON-CALLABLE SECOND TRANCHE: AMT $500 MLN COUPON 5.95 PCT MATURITY 1/15/2013 TYPE SR NOTES ISS PRICE 96.50 FIRST PAY 7/15/2008 MOODY'S Baa1 YIELD 6.434 PCT SETTLEMENT 3/27/2008 S&P BBB-PLUS SPREAD 310 BPS PAY FREQ SEMI-ANNUAL FITCH BBB-PLUS MORE THAN TREAS NON-CALLABLE
© Thomson Reuters 2008. All rights reserved. | Learn more about Thomson Reuters
