Dec industrial output growth slows
India's industrial production growth slowed sharply in December, its slowest pace in two months, adding to pressure on the RBI to start cutting interest rates to help stimulate an economy that is headed for its slowest growth in three years. Full Article
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New Issue-Southern California Edison sells $400 mln bonds
Aug 11 (Reuters) - Southern California Edison Co, a unit of
Edison International (EIX.N), on Monday sold $400 million in
10-year first mortgage bonds, said IFR, a Thomson Reuters
publication.
The size of the deal was increased from an originally planned $300 million.
Credit Suisse, Merrill Lynch, and RBS Greenwich Capital were the joint book-running managers for the sale. BORROWER: SOUTHERN CALIFORNIA EDISON CO AMT $400 MLN COUPON 5.50 PCT MATURITY 8/15/2018 TYPE 1ST MTG BDS ISS PRICE 99.432 FIRST PAY 2/15/2009 MOODY'S A2 YIELD 5.575 PCT SETTLEMENT 8/18/2008 S&P SINGLE-A SPREAD 155 BPS PAY FREQ SEMI-ANNUAL FITCH A-PLUS MORE THAN TREAS NON-CALLABLE
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