New Issue-NetApp sells $1 bln in 2 parts
December 06, 2012 at 17:29 PM EST
Dec 6 (Reuters) - NetApp Inc on Wednesday sold $1 billion of senior notes in two parts, said IFR, a Thomson Reuters service. J.P. Morgan and Morgan Stanley were the joint bookrunning managers for the sale. BORROWER: NETAPP TRANCHE 1 AMT $750 MLN COUPON 2 PCT MATURITY 12/15/2017 TYPE SR NTS ISS PRICE 99.494 FIRST PAY 06/06/2013 MOODY'S Baa1 YIELD 2.107 PCT SETTLEMENT 12/12/2012 S&P BBB-PLUS SPREAD 150 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MO