New Issue: Atmos Energy sells $500 million 4.125% 30-year senior notes at 103 bps spread

By Aleesia Forni

Virginia Beach, Oct. 6 – Atmos Energy Corp. priced $500 million of 4.125% senior notes due 2044 on Monday with a spread of Treasuries plus 103 basis points, according to a market source and a FWP filing with the Securities and Exchange Commission.

The notes (A2/A-/A-) sold at 99.812 to yield 4.136%.

The bookrunners were BofA Merrill Lynch, Credit Agricole CIB, Wells Fargo Securities LLC, BNP Paribas Securities Corp. and RBS Securities Inc.

Proceeds will be used to repay the company’s $500 million of 4.95% senior notes at maturity on Oct. 15, 2014.

The natural gas transportation and storage company is based in Dallas.

Issuer:	Atmos Energy Corp.
Amount:	$500 million
Description:	Senior notes
Maturity:	Oct. 15, 2044
Bookrunners:	BofA Merrill Lynch, Credit Agricole CIB, Wells Fargo Securities LLC, BNP Paribas Securities Corp., RBS Securities Inc.
Senior co-managers:	BB&T Capital Markets, CIBC World Markets Corp., MUFG
Co-managers:	BOSC Inc., Williams Capital Group LP
Coupon:	4.125%
Price:	99.812
Yield:	4.136%
Spread:	Treasuries plus 103 bps
Make-whole call:	Treasuries plus 15 bps prior to April 15, 2044, then callable at par
Trade date:	Oct. 6
Settlement date:	Oct. 15
Ratings:	Moody’s: A2
	Standard & Poor's: A-
	Fitch: A-
Price talk:	Treasuries plus 105 bps area

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