New Issue-Darden Restaurants sells $450 mln in notes
Oct 1 (Reuters) - Darden Restaurants Inc
on Monday sold $450 million of senior notes, said IFR, a Thomson Reuters service.
The size of the deal was increased by the originally planned $450 million in notes.
Bank of America Merrill Lynch, Suntrust and US Bancorp were the joint active bookrunning managers for the sale.
BORROWER: DARDEN RESTAURANTS
AMT $450 MLN COUPON 3.35 PCT MATURITY 11/1/2022 TYPE SR NTS ISS PRICE 98.828 FIRST PAY 5/1/2013 MOODY'S Baa2 YIELD 3.37 PCT SETTLEMENT 10/4/2012 S&P TRIPLE-B SPREAD 175 BPS PAY FREQ SEMI-ANNUAL FITCH TRIPLE-B MORE THAN TREAS MAKE-WHOLE CALL 30 BPS
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Keywords: DARDENRESTAURANTS NOTES
Oct 1- Darden Restaurants Inc. on Monday sold $450 million of senior notes, said IFR, a Thomson Reuters service. AMT $450 MLN COUPON 3.35 PCT MATURITY 11/ 1/ 2022 TYPE SR NTS ISS PRICE 98.828 FIRST PAY 5/ 1/ 2013 MOODY'S Baa2 YIELD 3.37 PCT SETTLEMENT 10/ 4/ 2012 S&P TRIPLE-B SPREAD 175 BPS PAY FREQ SEMI-ANNUAL FITCH TRIPLE-B MORE THAN TREAS MAKE-WHOLE CALL 30 BPS.