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Biotech / Medical : Elan Corporation, plc (ELN) -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Radley who wrote (10221)	9/29/2009 6:14:30 PM
From: Qualified Opinion	Respond to of 10345

New Issue-Elan sells $625 mln in 7-yr senior notes Tue Sep 29, 2009 5:47pm EDT Sept 29 (Reuters) - Elan Finance Plc and Elan Finance Corp, units of Elan Corporation Plc (ELN.N), on Tuesday sold $625 million of senior notes in the 144a private placement market, said market sources. The size of the deal was increased from an originally planned $600 million. Morgan Stanley and Citigroup were the joint bookrunning managers for the sale. BORROWER: ELAN FINANCE PLC ELAN FINANCE CORP AMT $625 MLN COUPON 8.750 PCT MATURITY 10/15/2016 TYPE SNR NOTES ISS PRICE 98.710 FIRST PAY 4/15/2010 MOODY'S B2 YIELD 9.0 PCT SETTLEMENT 10/2/2009 S&P SINGLE-B SPREAD 606 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE 3 YEARS* *MAKE-WHOLE CALL 50 BPS.