New Issue- Dr Pepper Snapple sells $500 mln notes in 2 parts
November 13, 2012 at 14:55 PM EST
Nov 13 (Reuters) - Dr Pepper Snapple Group Inc on Tuesday sold $500 million senior notes in a two-part deal, said IFR, a Thomson Reuters service. Bank of America Merrill Lynch and J.P. Morgan were the joint bookrunning managers for the sale. BORROWER: DR PEPPER SNAPPLE TRANCHE 1 AMT $250 MLN COUPON 2 PCT MATURITY 01/15/2020 TYPE SR NTS ISS PRICE 99.225 FIRST PAY 01/15/2013 MOODY'S Baa1 YIELD 2.117 PCT SETTLEMENT 11/20/2012 S&P TRIPLE-B SPREAD 110 B