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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (4753)	2/3/2009 12:09:40 PM
From: RockyBalboa	Respond to of 6370

Harley Davidson issues junk bonds, T + 1250, Harley-Davidson, Inc. Prices Offering of $600 Million of Senior Unsecured Notes Tuesday February 3, 9:27 am ET Proceeds Intended to Provide Funding for Ongoing Lending Activities of Harley-Davidson Financial Services MILWAUKEE, Feb. 3 /PRNewswire-FirstCall/ -- Harley-Davidson Inc. (NYSE: HOG - News) today priced an offering of $600 million of its senior unsecured notes as part of the Company's plan to fund the ongoing motorcycle lending activities of its wholly owned finance company, Harley-Davidson Financial Services (HDFS). Davis Selected Advisers, L.P., a long-time investor in Harley-Davidson, Inc. and the largest holder of Company stock, and Berkshire Hathaway, Inc. each committed to purchase equal portions of the aggregate principal amount of the notes. The offering is being made under the Company's existing shelf registration for public offerings of securities, including debt. The notes will be due in 2014 and will bear interest at a rate of 15 percent per annum.