SCANA Announces Debt Offering

Collapse
This topic is closed.
X
X
 
  • Time
  • Show
Clear All
new posts
  • RSS Robot
    I post the news

    2,500+ Posts
    • Jan 2009
    • 2595

    #1

    SCANA Announces Debt Offering

    (PR-inside.com) SCANA Corporation (NYSE:SCG), announced today that it sold, in a negotiated offering, $300 million principal amount of its Medium Term Notes due May 15, 2021. The 4.75 percent fixed rate notes were priced to SCANA at 99.089 percent, and are initially being offered to the public at 99.739 percent with a yield to maturity of 4.783 percent. Morgan Stanley & Co. Incorporated, UBS Securities LLC, and Wells Fargo Securities, LLC acted as joint book-running managers, and Deutsche Bank Securities Inc. and Mitsubishi UFJ Securities (USA) Inc., acted as co-managers for the transaction.SCANA intends to apply the net proceeds from the ..

    More...
Working...