New Issue-Pan American Energy sells $500 mln in notes

April 30 (BestGrowthStock) – Pan American Energy on Friday sold
$500 million of notes in the 144a private placement market,
said IFR, a Thomson Reuters service.

Credit Agricole, HSBC and JP Morgan were the joint
bookrunning managers for the sale.
BORROWER: PAN AMERICAN ENERGY
AMT $500 MLN COUPON 7.875 PCT MATURITY 5/7/2021
TYPE NOTES ISS PRICE 98.204 FIRST PAY 11/7/2010
MOODY’S Ba2 YIELD 8.125 PCT SETTLEMENT 5/7/2010
S&P N/A SPREAD N/A PAY FREQ SEMI-ANNUAL
FITCH BB-MINUS NON-CALLABLE N/A

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New Issue-Pan American Energy sells $500 mln in notes