New Issue-Mutual of Omaha sells $300 mln notes

Oct 13 (BestGrowthStock) – Mutual of Omaha Insurance Co late on
Tuesday sold $300 million of surplus notes in the 144a private
placement market, said IFR, a Thomson Reuters service.

Goldman Sachs and JP Morgan were the joint bookrunning
managers for the sale.
BORROWER: MUTUAL OF OMAHA INSURANCE CO
AMT $300 MLN COUPON 6.95 PCT MATURITY 10/15/2040
TYPE NTS ISS PRICE 96.635 FIRST PAY 4/15/2011
MOODY’S A2 YIELD 7.226 PCT SETTLEMENT 10/15/2010
S&P SINGLE-A SPREAD 340 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE N/A

New Issue-Mutual of Omaha sells $300 mln notes