New Issue-MetLife Institutional Funding sells $1 bln notes

  March 29 (Reuters) - MetLife Institutional Funding II on
Tuesday sold $1 billion of notes in the 144a private placement
market, said IFR, a Thomson Reuters service.
  Barclays was the sole bookrunning manager for the sale.
BORROWER: METLIFE INSTITUTIONAL FUNDING II
AMT $1 BLN        COUPON 3-MO LIBOR   MATURITY 4/4/2014  
                 +90 BPS                              
TYPE NTS          ISS PRICE 100       FIRST PAY 7/5/2011 
MOODY'S Aa3       YIELD N/A           SETTLEMENT 4/5/2011
S&P AA-MINUS      SPREAD N/A          PAY FREQ QUARTERLY 
FITCH AA-MINUS                        NON-CALLABLE N/A   

New Issue-MetLife Institutional Funding sells $1 bln notes