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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