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Inergy Issues $750M In Notes
Inergy and its subsidiary, Inergy Finance, have raised $750 million through a sale of senior notes.
Inergyand its subsidiary,Inergy Finance, have raised $750 million through a sale of senior notes,Reutersreports. The 6.875% notes, due in 2021, have a spread of 354 basis points.
The company increased the size of the deal from the originally planned $700 million.Bank of America Merrill Lynch,Barclays,Credit Suisse,JP MorganandMorgan Stanleywere the joint bookrunning managers for the note sale.
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