New Issue-Nordstrom sells $400 mln in 5-year notes

May 20 (Reuters) - Department store chain Nordstrom, Inc
(JWN.N: Quote, Profile, Research) on Wednesday sold $400 million of five-year notes, said
IFR, a Thomson Reuters publication.

The size of the deal was increased from an originally
planned $300 million.

Bank of America and JP Morgan were the active bookrunning
managers for the sale. Goldman Sachs and Morgan Stanley were
the passive bookrunners.
BORROWER: NORDSTROM, INC.
AMT $400 MLN COUPON 6.75 PCT MATURITY 6/1/2014
TYPE NOTES ISS PRICE 99.634 FIRST PAY 12/1/2009
MOODY'S Baa2 YIELD 6.837 PCT SETTLEMENT 5/26/2009
S&P BBB-PLUS SPREAD 475 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS*
*$101 COC PUT