New Issue-Colgate-Palmolive sells $438 mln notes

Oct 29 (BestGrowthStock) – Colgate-Palmolive Co (CL.N: ) on Friday
sold $438 million of two-part senior unsecured medium-term
notes, said IFR, a Thomson Reuters service.

Bank of America Merrill Lynch, Citi, Goldman Sachs and RBS
were the joint bookrunning managers for the five-year tranche.

Bank of America Merrill Lynch, Citi, BNP Paribas and
Deutsche Bank were the joint bookrunning managers for the
10-year tranche.
BORROWER: COLGATE-PALMOLIVE CO
TRANCHE 1
AMT $188 MLN COUPON 1.375 PCT MATURITY 11/1/2015
TYPE SR MTNS ISS PRICE 99.248 FIRST PAY 5/1/2011
MOODY’S Aa3 YIELD 1.532 PCT SETTLEMENT 11/3/2010
S&P AA-MINUS SPREAD 38 BPS PAY FREQ SEMI-ANNUAL
FITCH AA-MINUS MORE THAN TREAS MAKE-WHOLE CALL 5 BPS
TRANCHE 2
AMT $250 MLN COUPON 2.95 PCT MATURITY 11/1/2020
TYPE SR MTNS ISS PRICE 98.330 FIRST PAY 5/1/2011
MOODY’S Aa3 YIELD 3.146 PCT SETTLEMENT 11/3/2010
S&P AA-MINUS SPREAD 53 BPS PAY FREQ SEMI-ANNUAL
FITCH AA-MINUS MORE THAN TREAS MAKE-WHOLE CALL 10 BPS

New Issue-Colgate-Palmolive sells $438 mln notes