ConocoPhillips launches $3 bln 3-part debt sale - IFR
NEW YORK, May 18 (Reuters) - ConocoPhillips (COP.N: Quote, Profile, Research) on Monday launched its $3 billion three-part debt sale, said IFR, a Thomson Reuters service.
The offering includes $1.5 billion in five-year notes expected to yield 250 basis points over U.S. Treasuries.
It also includes $1 billion in 10-year notes expected to yield 285 basis points over Treasuries and $500 million in 30-year bonds in a reopening of an existing 6.50 percent issue expected to yield 287.5 basis points over Treasuries.
The joint lead managers on the sale are Citigroup Global markets, Deutsche Banks and RBS. (Reporting by Caryn Trokie)
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