Alcoa Sells $1 bln 10-Year Notes - IFR-Shanghai Metals Market

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Alcoa Sells $1 bln 10-Year Notes - IFR

Industry News 08:48:54AM Jul 27, 2010 Source:SMM

NEW YORK, July 27 -- Alcoa Inc (AA.N: Quote) on Monday sold $1.0 billion of 10-year notes, said IFR, a Thomson Reuters service.

The 6.15 percent notes were priced at 99.871 to yield 318 basis points over comparable U.S. Treasuries, according to IFR.

The joint lead managers on the sale were Bank of America Merrill Lynch, Citigroup and Deutsche Bank.

 

Key Words:  Alcoa 

Alcoa Sells $1 bln 10-Year Notes - IFR

Industry News 08:48:54AM Jul 27, 2010 Source:SMM

NEW YORK, July 27 -- Alcoa Inc (AA.N: Quote) on Monday sold $1.0 billion of 10-year notes, said IFR, a Thomson Reuters service.

The 6.15 percent notes were priced at 99.871 to yield 318 basis points over comparable U.S. Treasuries, according to IFR.

The joint lead managers on the sale were Bank of America Merrill Lynch, Citigroup and Deutsche Bank.

 

Key Words:  Alcoa