Dec 5 (Reuters) - Narragansett Electric Co on
Wednesday sold $250 million of senior notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
Bank of America Merrill Lynch and J.P. Morgan were the joint
active bookrunning managers for the sale.
BORROWER: NARRAGANSETT ELECTRIC
AMT $250 MLN COUPON 4.17 PCT MATURITY 12/10/2042
TYPE SR NTS ISS PRICE 100 FIRST PAY 06/10/2013
MOODY'S A3 YIELD 4.17 PCT SETTLEMENT 12/10/2012
S&P A-MINUS SPREAD 140 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 25 BPS
Keywords: NARRAGANSETTELECTRIC NOTES
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