New Issue-Dominion Resources sells $1.2 bln in 3-pt debt

June 12 (Reuters) - Dominion Resources Inc (D.N: Quote, Profile, Research), a
diversified energy company based in Richmond, Virginia, on
Thursday sold $1.2 billion in three-part debt, according to
International Financing Review.

Barclays Capital, Citigroup Global Markets, JP Morgan, and
Merrill Lynch were the joint bookrunning managers for the sale,
added IFR, a Thomson Reuters publication.
BORROWER: DOMINION RESOURCES INC
FIRST TRANCHE:
AMT $300 MLN COUPON 105 BPS/ MATURITY 6/17/2010

3-MO LIBOR
TYPE FLTG RT NTS ISS PRICE 100 FIRST PAY 9/17/2008
MOODY'S Baa2 YIELD N/A SETTLEMENT 6/17/2008
S&P A-MINUS SPREAD N/A PAY FREQ QUARTERLY
FITCH BBB-PLUS NON-CALLABLE
SECOND TRANCHE:
AMT $500 MLN COUPON 6.40 PCT MATURITY 6/15/2018
TYPE SR NOTES ISS PRICE 99.906 FIRST PAY 12/15/2008
MOODY'S Baa2 YIELD 6.413 PCT SETTLEMENT 6/17/2008
S&P A-MINUS SPREAD 220 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB-PLUS MORE THAN TREAS MAKE-WHOLE CALL 35 BPS
THIRD TRANCHE:
AMT $400 MLN COUPON 7.00 PCT MATURITY 6/15/2038
TYPE SR NOTES ISS PRICE 99.232 FIRST PAY 12/15/2008
MOODY'S Baa2 YIELD 7.062 PCT SETTLEMENT 6/17/2008
S&P A-MINUS SPREAD 230 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB-PLUS MORE THAN TREAS MAKE-WHOLE CALL 40 BPS