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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX) -- Ignore unavailable to you. Want to Upgrade?


To: MangoBoy who wrote (693)11/12/1999 11:15:00 AM
From: MangoBoy  Read Replies (1) | Respond to of 1983
 
[Metromedia Fiber Network sells 10-yr notes]

NEW YORK, Nov 12 (Reuters) - Metromedia Fiber Network Inc. issued U.S. $1.0 billion equivalent in a two-part US$/Euro mirror tranches, said lead manager Salomon Smith Barney on Friday.

FIRST TRANCHE:

AMT $US 750 MLN COUPON 10.00 PCT MATURITY 12/15/2009
TYPE SNR NOTES ISS PRICE 99.201 FIRST PAY DATE 6/15/2000
LAST MOODY'S B2 YIELD 10.125 PCT PAY FREQ SEMI-ANNUAL
LAST S&P B-PLUS SPREAD 420 BPS NON-CALL FIVE YEARS

SECOND TRANCHE:

AMT EURO 250 MLN COUPON 10.00 PCT MATURITY 12/15/2009
TYPE SNR NOTES ISS PRICE 99.201 FIRST PAY DATE 6/15/2000
LAST MOODY'S B2 YIELD 10.125 PCT PAY FREQ SEMI-ANNUAL
LAST S&P B-PLUS SPREAD 526 BPS NON-CALL FIVE YEARS



To: MangoBoy who wrote (693)11/12/1999 8:17:00 PM
From: barry fowler  Read Replies (1) | Respond to of 1983
 
How does DJ define "buy"? Different houses define their ratings differently. To some "buy" is sorta like "accumulate". To others, "buy" is the top, and yet to others the top rating is "strong buy".