Wednesday, April 29, 2009

Florida Gas Trans Sells $600M Note Offering

The Florida Gas Transmission Company, a unit of El Paso Corporation (EP.N), on Wednesday sold $600 million of 10-year senior notes in the 144a private placement market, said IFR, a Thomson Reuters service. The size of the deal was increased from an originally planned $500 million. Bank of America, Calyon, Goldman Sachs, and JP Morgan were the joint bookrunning managers for the sale.

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