New Issue-Quadra FNX Mining sells $500 mln notes
Fri Jun 10, 2011 1:26pm EDT
June 10 (Reuters) - Quadra FNX Mining Ltd (QUX.TO) on
Friday sold $500 million of notes in the 144a private placement
market, said IFR, a Thomson Reuters service.
JP Morgan and Credit Suisse were the joint bookrunning
managers for the sale.
BORROWER: QUADRA FNX MINING LTD
AMT $500 MLN COUPON 7.75 PCT MATURITY 6/15/2019
TYPE SR NTS ISS PRICE 100 FIRST PAY 12/15/2011
MOODY'S B1 YIELD 7.75 PCT SETTLEMENT 6/17/2011
S&P BB- SPREAD 530 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YRS