New Issue-Linn Energy sells $1 bln notes

Sept 9 (BestGrowthStock) – Linn Energy LLC (LINE.O: ) late on
Wednesday sold $1 billion of senior unsecured notes in the 144a
private placement market, said IFR, a Thomson Reuters service.

Barclays, BNP Paribas, Citigroup, Credit Agricole, RBC,
RBS, and Wells Fargo Securities were the joint bookrunning
managers for the sale.
BORROWER: LINN ENERGY LLC
AMT $1 BLN COUPON 7.750 PCT MATURITY 2/1/2021
TYPE SR NTS ISS PRICE 98.264 FIRST PAY 3/15/2011
MOODY’S B2 YIELD 8.00 PCT SETTLEMENT 9/13/2010
S&P SINGLE-B SPREAD 535 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YRS*
*MAKE-WHOLE CALL 50 BPS

New Issue-Linn Energy sells $1 bln notes