Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for El Paso Corp. > News item |
El Paso Corp. may sell $500 million five-year notes Tuesday
By Paul A. Harris
St. Louis, Dec. 8 - El Paso Corp. is expected to price a $500 million issue of 15% five-year notes (existing ratings Ba3/BB-) at a discount on Tuesday, market sources say.
Morgan Stanley & Co. Inc. and Banc of America LLC are joint bookrunners.
A significant portion of the deal is already spoken for, according to a sellside source not in the deal.
El Paso is a Houston-based natural gas company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.