Cox Communications selling notes Monday in 10-, 30-year maturities

By Andrea Heisinger

New York, Nov. 26 - Cox Communications Inc. is set to price notes (Baa2/BBB/BBB+) in two maturities on Monday, an informed source said.

The offering includes 10-year notes and 30-year bonds.

Active bookrunners are J.P. Morgan Securities LLC and Wells Fargo Securities LLC. Passive bookrunners are Barclays and Citigroup Global Markets Inc.

The notes are being priced under Rule 144A and Regulation S.

Cox was last in the U.S. bond market with a $1.25 billion offering of 8.375% 30-year bonds priced on Feb. 12, 2009 at 490 basis points over Treasuries.

The phone, internet and TV services provider is based in Atlanta.

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