New Issue: Hollinger Participation Trust $140.5 million add-on yields 15.65%

By Paul A. Harris

St. Louis, Mo., Nov. 30 - Hollinger Participation Trust priced a $140.5 million add-on to its senior notes due Nov. 15, 2010 a Friday drive-by at 83 for a yield of 15.65%.

Credit Suisse First Boston was the bookrunner.

Issuer:	Hollinger Participation Trust
Amount:	$140.5 million add-on
Maturity:	Nov. 15, 2010
Type:	Senior notes due
Bookrunner:	Credit Suisse First Boston
Coupon:	12 1/8%
Price:	83
Yield:	15.65%
Spread:	1091 basis points over 5% Treasury due Aug. 2011
Call Features:	Non-callable until May 15, 2003 with a make-whole call
Equity clawback:	None
Settlement:	Dec. 7 (T+5) (Flat)
Ratings:	Moody's B3
	Standard & Poor's B
Cusip:	435573AA8

© 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.