New Issue-MidAmerican Energy sells $350 mln 10-yr notes
March 19 (Reuters) - MidAmerican Energy Co., a unit of MidAmerican Energy Holdings, a Berkshire Hathaway Corp (BRKa.N: Quote, Profile, Research) (BRKb.N: Quote, Profile, Research) company, on Wednesday sold $350 million in 10-year notes, said market sources.
The size of the deal was increased from an originally planned $250 million.
Lehman Brothers and RBS Greenwich Capital were the joint bookrunning managers for the sale. BORROWER: MIDAMERICAN ENERGY HOLDINGS AMT $350 MLN COUPON 5.30 PCT MATURITY 3/15/2018 TYPE NOTES ISS PRICE 99.657 FIRST PAY 9/15/2008 MOODY'S A2 YIELD 5.345 PCT SETTLEMENT 3/25/2008 S&P A-MINUS SPREAD 190 BPS PAY FREQ SEMI-ANNUAL FITCH SINGLE-A MORE THAN TREAS MAKE-WHOLE-CALL 30 BPS
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