Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: yard_man who wrote (124338)	9/20/2001 6:30:18 PM
From: mishedlo	Read Replies (2) of 436258

Tip - What do you make of this? Why is IBM raising money. DJN: DJ IBM To Price $1B 5-Year Global-2: Via JP Morgan, Salomon NEW YORK (Dow Jones)--IBM Corp. is preparing to price $1 billion of five-year global debt through lead managers J.P. Morgan Chase and Salomon Smith Barney Inc., according to IFR Credit. The issue is being talked at 120 basis points over Treasurys area. The debt has been rated single-A1 by Moody's Investors Service and single-A-plus by Standard & Poor's. -By Richard A. Bravo, Dow Jones Newswires; 201 938-2087; richard.bravo@dowjones.com (END) DOW JONES NEWS 09-20-01 11:31 AM * end of story *

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