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New Issue-Clorox sells $300 mln 6-year notes

Thu Nov 5, 2009 12:10am IST
 
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  Nov 4 (Reuters) - Clorox Co (CLX.N: Quote, Profile, Research) on Wednesday sold $300
million of notes, said IFR, a Thomson Reuters service.
  Citi, JP Morgan, and Wells Fargo were the join bookrunning
managers for the sale.
BORROWER: CLOROX COMPANY
AMT $300 MLN      COUPON 3.55 PCT     MATURITY 11/1/2015 
TYPE NOTES        ISS PRICE 99.83     FIRST PAY 5/1/2009 
MOODY'S Baa2      YIELD 3.582 PCT     SETTLEMENT 11/9/2009
S&P BBB-PLUS      SPREAD 120 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    MAKE-WHOLE CALL 20 BPS

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