New Issue-Kansas City Power & Light sells $350 mln 10-yr notes
March 5 (Reuters) - Kansas City Power & Light Co, a unit of Great Plains Energy Inc (GXP.N: Quote, Profile, Research), on Wednesday sold $350 million in 10-year notes, said market sources.
Banc of America Securities LLC and J. P. Morgan were the joint bookrunning managers for the sale. BORROWER: KANSAS CITY POWER AND LIGHT COMPANY AMT $350 MLN COUPON 6.375 PCT MATURITY 3/1/2018 TYPE NOTES ISS PRICE 100 FIRST PAY 9/1/2008 MOODY'S A3 YIELD 6.375 PCT SETTLEMENT 3/11/2008 S&P TRIPLE-B SPREAD 275 BPS/ PAY FREQ SEMI-ANNUAL FITCH N/A 10-YEAR TREASURY NON-CALLABLE
© Thomson Reuters 2008 All rights reserved














