New Issue: Wisconsin Public Service sells $125 million seven-year notes at Treasuries plus 434.5 bps

By Andrea Heisinger

New York, Dec. 1 - Wisconsin Public Service Corp. priced $125 million of 6.375% first-mortgage bonds due 2015 on Monday to yield Treasuries plus 434.5 basis points, an informed source said.

The bonds priced at par to yield 6.375%.

Bookrunners were J.P. Morgan Securities Inc., UBS Investment Bank, Citigroup Global Markets and Banc of America Securities LLC.

The natural gas and energy company is based in Green Bay, Wis.

Issuer:	Wisconsin Public Service Corp.
Issue:	First mortgage bonds
Amount:	$125 million
Maturity:	Dec. 15, 2015
Bookrunners:	J.P. Morgan Securities Inc., UBS Investment Bank, Citigroup Global Markets, Banc of America Securities LLC
Coupon:	6.375%
Price:	Par
Yield:	6.375%
Spread:	Treasuries plus 434.5 bps
Trade date:	Dec. 1
Settlement date:	Dec. 5

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