New Issue-City Natl Corp sells $300 mln snr notes

Sept 9 (BestGrowthStock) – City National Corp (CYN.N: ) late
Wednesday sold $300 million of senior notes, said IFR, a
Thomson Reuters service.

JP Morgan was the sole bookrunning manager for the sale.
BORROWER: CITY NATIONAL CORP
AMT $300 MLN COUPON 5.250 PCT MATURITY 9/15/2020
TYPE SR NTS ISS PRICE 99.738 FIRST PAY 3/15/2011
MOODY’S A1 YIELD 5.284 PCT SETTLEMENT 9/13/2010
S&P BBB-PLUS SPREAD 262.5 BPS PAY FREQ SEMI-ANNUAL
FITCH A- MORE THAN TREAS MAKE-WHOLE CALL 40 BPS

New Issue-City Natl Corp sells $300 mln snr notes