Sponsored Links
New Issue- Kellogg Co sells $1.45 bln 3-pt notes
May 14 (Reuters) - Kellogg Co on Monday sold $1.45
billion of senior notes in three parts, said IFR, a Thomson
Reuters service.
Barclays, JP Morgan, and Wells Fargo were the joint
bookrunning managers for the sale.
BORROWER: KELLOGG CO
TRANCHE 1
AMT $350 MLN COUPON 1.125 PCT MATURITY 05/15/2015
TYPE SR NTS ISS PRICE 99.883 FIRST PAY 11/15/2012
MOODY'S Baa1 YIELD 1.165 PCT SETTLEMENT 05/17/2012
S&P BBB-PLUS SPREAD 80 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB-PLUS MORE THAN TREAS MAKE-WHOLE CALL 15 BPS
TRANCHE 2
AMT $400 MLN COUPON 1.75 PCT MATURITY 05/17/2017
TYPE SR NTS ISS PRICE 99.458 FIRST PAY 11/17/2012
MOODY'S Baa1 YIELD 1.864 PCT SETTLEMENT 05/17/2012
S&P BBB-PLUS SPREAD 115 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB-PLUS MORE THAN TREAS MAKE-WHOLE CALL 20 BPS
TRANCHE 3
AMT $700 MLN COUPON 3.125 PCT MATURITY 05/17/2022
TYPE SR NTS ISS PRICE 99.159 FIRST PAY 11/17/2012
MOODY'S Baa1 YIELD 3.224 PCT SETTLEMENT 05/17/2012
S&P BBB-PLUS SPREAD 145 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB-PLUS MORE THAN TREAS MAKE-WHOLE CALL 25 BPS
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters