By Andrea Heisinger
Omaha, Oct. 17 - Vodafone Group plc reopened its 6.15% issue of bonds due 2037 on Wednesday to add $500 million, an informed source said.
The bonds (Baa1/A-) priced at 96.968 to yield 6.379%, or Treasuries plus 156 basis points.
There is a make-whole call at Treasuries plus 25 bps.
Bookrunners were Lehman Brothers Inc. and Morgan Stanley & Co., Inc.
The voice and data communication company is based in Newbury, England.
| Issuer: | Vodafone Group plc
|
| Issue: | Bonds
|
| Amount: | $500 million reopened
|
| Maturity: | Feb. 27, 2037
|
| Bookrunners: | Lehman Brothers Inc., Morgan Stanley & Co., Inc.
|
| Coupon: | 6.15%
|
| Price: | 96.968
|
| Yield: | 6.379%
|
| Spread: | Treasuries plus 156 bps
|
| Call: | Make-whole at Treasuries plus 25 bps
|
| Trade date: | Oct. 17
|
| Settlement date: | Oct. 24
|
| Ratings: | Moody's: Baa1
|
| Standard & Poor's: A-
|
| Total amount: | $1.7 billion, including $1.2 billion issued on Feb. 20, 2007
|
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