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New Issue-Montpelier Re sells $300 mln in notes

Oct 2 (Reuters) - Montpelier RE Holdings Ltd

on

Tuesday sold $300 million of senior unsecured notes, said IFR, a Thomson Reuters service.

The size of the deal was increased from the originally planned $250 million.

Barclays Capital and Credit Suisse were the joint bookrunning managers for the sale.

BORROWER: MONTPELIER

AMT $300 MLN COUPON 4.7 PCT MATURITY 10/15/2022 TYPE SR NTS ISS PRICE 99.682 FIRST PAY 04/15/2013 MOODY'S N/A YIELD 4.74 PCT SETTLEMENT 10/05/2012 S&P TRIPLE-B SPREAD 312.5 BPS PAY FREQ SEMI-ANNUAL FITCH BBB-PLUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS

((New Issue by Thomson Reuters)(+1-646-223-6886 e-mail: uscorpbonds@reuters.com))

Keywords: MONTPELIER NOTES

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