Total Capital Sells $1 Billion Notes Yield 3.206%; Treasurys +0.88
September 25 2009 - 4:16PM
Dow Jones News
Total Capital SA priced $1 billion of six-year notes through
lead managers Bank of America Merrill Lynch and Deutsche Bank,
according to people familiar with the deal. Terms were as
follows:
Amount: $1 billion
Maturity: Oct. 2, 2015
Coupon: 3.125%
Issue Price: 99.561
Yield: 3.206%
Spread: 88 basis points over Treasurys
Settlement: Oct. 2, 2009
Ratings: Aa1 (Moody's Investors Service)
AA (Standard & Poor's)
-By Michael Aneiro, Dow Jones Newswires; 212-416-2203;
michael.aneiro@dowjones.com