New Issue-Tervita sells $290 mln in notes

Fri Oct 19, 2012 5:53pm EDT
 
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Oct 19 (Reuters) - Tervita Corporation on Friday
sold $290 million of senior unsecured notes in the 144a private
placement market, said IFR, a Thomson Reuters service. 
    Deutsche Bank, Goldman Sachs, RBC and TD Securities were the
joint bookrunning managers for the sale.

BORROWER: TERVITA

AMT $290 MLN    COUPON 9.75 PCT    MATURITY    11/01/2019  
TYPE SR NTS     ISS PRICE 98.7556  FIRST PAY   05/01/2013 
MOODY'S Caa2    YIELD 10 PCT       SETTLEMENT  10/24/2012   
S&P CCC-PLUS    SPREAD 881 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A        MORE THAN TREAS   MAKE-WHOLE CALL 50 BPS