S.C. Johnson plans to price $400 million 30-year bonds Tuesday

By Andrea Heisinger

New York, May 7 - S.C. Johnson & Son Inc. is preparing a $400 million sale of 30-year bonds (/A-/A-) for Tuesday, a source said.

Bookrunners are BofA Merrill Lynch, Barclays and Citigroup Global Markets Inc.

S.C. Johnson last tapped the U.S. bond market with a $550 million sale of 4.8% 30-year bonds at Treasuries plus 130 basis points on Aug. 25, 2010.

The consumer products company is based in Racine, Wis.

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