Wednesday, April 4, 2007

Time Warner Cable sets guidance on $5 bln debt sale

(Reuters) - The sale will include $1.5 billion of five-year notes, expected to yield about 0.90 percentage point more than U.S. Treasuries; $2 billion of 10-year notes expected to yield about 1.25 percentage points over Treasuries; and $1.5 billion of 30-year bonds with an expected yield of 1.75 percentage points above Treasuries.

ABN Amro, Citigroup Global Markets, Deutsche Bank Securities and Wachovia Bank are the joint lead managers of the sale, the source said.


Read more at Reuters.com Bonds News

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