July 25, 2012 / 10:05 PM / 5 years ago

New Issue-Biomet sells $1 bln notes

 July 25 (Reuters) - Biomet Inc. on Wednesday
sold $1 billion of senior notes in the 144a private placement
market, said IFR, a Thomson Reuters service. 
 The size of the deal was increased from an originally
planned $550 million.
 Goldman Sachs, Barclays Capital, JP Morgan, Bank of America
Merrill Lynch, Citigroup, and Wells Fargo were the joint
bookrunning managers for the sale.

BORROWER: BIOMET

AMT $1 BLN      COUPON 6.5 PCT     MATURITY    08/01/2020
TYPE SR NTS     ISS PRICE 100      FIRST PAY   02/01/2013 
MOODY'S TBD     YIELD 6.5 PCT      SETTLEMENT  08/08/2012   
S&P TBD         SPREAD N/A         PAY FREQ    SEMI-ANNUAL
FITCH TBD       MORE THAN TREAS    MAKE-WHOLE CALL 50 BPS

 

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