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Technology Stocks : COX Communications(COX) with @HOME(ATHM)

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To: Bexar who wrote (13)7/22/1998 9:20:00 AM
From: Bexar  Read Replies (1) of 51
 
Cox Communications (NYSE:COX) to sell $600 mln debt

Reuters, Tuesday, July 21, 1998 at 11:06

NEW YORK, July 21 (Reuters) - Cable and communications
giant Cox Communications Inc. plans to sell at least $600
million in debt in a three-tranche deal on Wednesday, market
sources said.
The transaction will include "REPS" securities with a
five-year embedded call and put option and a 15-year final
maturity, 10-year bullet bonds and 30-year bullet bonds.
The size of the tranches has yet to be determined, sources
said.
Morgan Stanley Dean Witter will lead-manage the REPS
tranche and Merrill Lynch & Co will lead-manage the 10- and
30-year tranches.
nyc.corporatedebt.newsroom@reuters.com))

Copyright 1998, Reuters News Service

Companies or Securities discussed in this article:
Symbol
Name
NYSE:COX
Cox Communications'A'
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