By Sheri Kasprzak
New York, March 9 - The Vodafone Group plc priced $1.1 billion of notes on Wednesday, according to a pricing sheet.
The offering included $600 million of five-year notes and $500 million of 10-year notes.
The 2016 notes have a 2.875% coupon priced at 99.506. There is a make-whole call at Treasuries plus 15 bps.
The 2021 notes have a 4.375% coupon priced at 99.288. There is a make-whole call at Treasuries plus 20 bps.
Barclays Capital Inc., BNP Paribas Securities Corp., Mizuho Securities USA Inc. and Morgan Stanley & Co. Inc. were the underwriters for the sale.
Proceeds will be used for general corporate purposes.
Vodafone, based in London, is a telecommunications company.
| Issuer: | Vodafone Group plc
|
| Issue: | Notes
|
| Amount: | $1.1 billion
|
| Underwriters: | Barclays Capital Inc., BNP Paribas Securities Corp., Mizuho Securities USA Inc., Morgan Stanley & Co. Inc.
|
| Pricing date: | March 9
|
| Settlement date: | March 16
|
|
|
| Notes due 2016
|
| Amount: | $600 million
|
| Maturity: | March 16, 2016
|
| Coupon: | 2.875%
|
| Price: | 99.506
|
| Call: | Make-whole call at Treasuries plus 15 bps
|
|
|
| Notes due 2021
|
| Amount: | $500 million
|
| Maturity: | March 16, 2021
|
| Coupon: | 4.375%
|
| Price: | 99.288
|
| Call: | Make-whole call at Treasuries plus 20 bps
|
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