New Issue: Colgate-Palmolive sells $300 million 3.15% six-year notes at Treasuries plus 67 bps

By Andrea Heisinger

New York, July 31 - Colgate-Palmolive Co. sold $300 million of 3.15% six-year senior medium-term notes Friday to yield Treasuries plus 67 basis points, according to a market source and an FWP filing with the Securities and Exchange Commission.

The non-callable notes (Aa3/AA-/) priced at 99.859 to yield 3.176%.

Bookrunners were Bank of America Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities Inc.

Co-managers were Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., Morgan Stanley & Co. Inc., BNP Paribas Securities Corp., RBS Securities Inc. and Williams Capital Group LP.

The household, health care and personal products company is based in New York City.

Issuer:	Colgate-Palmolive Co.
Issue:	Medium-term senior notes
Amount:	$300 million
Maturity:	Aug. 15, 2015
Bookrunners:	Bank of America Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities Inc.
Co-managers:	Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., Morgan Stanley & Co. Inc., BNP Paribas Securities Corp., RBS Securities Inc., Williams Capital Group LP
Coupon:	3.15%
Price:	99.859
Yield:	3.176%
Spread:	Treasuries plus 67 bps
Call:	Non-callable
Trade date:	July 31
Settlement date:	Aug. 5
Ratings:	Moody's: Aa3
	Standard & Poor's: AA-

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