New Issue-PrivateBancorp sells $125 mln in notes

Oct 12 (Reuters) - PrivateBancorp Inc

on Thursday sold $125 million of subordinated debentures, said IFR, a Thomson Reuters service.

Morgan Stanley and Wells Fargo were the joint bookrunning managers for the sale.

BORROWER: PRIVATEBANCORP AMT $125 MLN COUPON 7.125 PCT MATURITY 10/30/2042 TYPE NTS ISS PRICE 25 FIRST PAY 01/30/2013 MOODY'S NR YIELD N/A SETTLEMENT 10/18/2012 S&P NR SPREAD N/A PAY FREQ QUARTERLY FITCH NR MORE THAN TREAS NON-CALLABLE N/A

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Keywords: PRIVATEBANCORP NOTES