Tuesday, March 20, 2012

New Issue-Southwest Gas Corp sells $250 mln notes

March 20 (Reuters) - Southwest Gas Corp on Tuesday
sold $250 million of senior notes, said IFR, a Thomson Reuters
service.
Bank of America Merrill Lynch, Bank of New York Mellon and
JP Morgan were the joint bookrunning managers for the sale.

BORROWER: SOUTHWEST GAS CORP

AMT $250 MLN COUPON 3.875 PCT MATURITY 4/1/2022
TYPE SR NTS ISS PRICE 99.966 FIRST PAY 10/1/2012
MOODY'S Baa1 YIELD 3.879 PCT SETTLEMENT 3/23/2012
S&P BBB-PLUS SPREAD 150 BPS P

new england guaranty insurance company bem school title insurance problems

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