New Issue-Seminole Tribe of Florida sells $330 mln bonds

Nov 3 (BestGrowthStock) – The Seminole Tribe of Florida Inc on
Wednesday sold $330 million of gaming division bonds, Series
2010B in the 144a private placement market, said IFR, a Thomson
Reuters service.

Bank of America Merrill Lynch was the sole bookrunning
manager for the sale.
BORROWER:THE SEMINOLE TRIBE OF FLORIDA INC
AMT $330 MLN COUPON 7.750 PCT MATURITY 10/1/2017
TYPE BONDS ISS PRICE 100.00 FIRST PAY 4/1/2011
MOODY’S Ba1 YIELD 7.75 PCT SETTLEMENT 11/9/2010
S&P BBB-MINUS SPREAD 594 BPS PAY FREQ SEMI-ANNUAL
FITCH BB-PLUS MORE THAN TREAS NON-CALLABLE 3 YRS*
* MAKE-WHOLE CALL 50 BPS

New Issue-Seminole Tribe of Florida sells $330 mln bonds