New Issue - TransAlta sells $400 mln in notes

Mon Nov 5, 2012 12:20pm EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Nov 5 (Reuters) - TransAlta Corp on Friday sold $400
million of senior unsecured notes, said IFR, a Thomson Reuters
service. 
    Bank of America Merrill Lynch, Citigroup and HSBC were the
joint bookrunning managers for the sale.

BORROWER: TRANSALTA

AMT $400 MLN    COUPON 4.5 PCT     MATURITY    11/15/2022   
TYPE SR NTS     ISS PRICE 98.266   FIRST PAY   05/15/2013 
MOODY'S Baa3    YIELD 4.719 PCT    SETTLEMENT  11/07/2012   
S&P BBB-MINUS   SPREAD 300 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A        MORE THAN TREAS   MAKE-WHOLE CALL 45 BPS