The notes have a 6.75% coupon and were priced to yield 6.883% - or 93 basis points over comparable Treasuries. Noncallable for life, the notes are rates Baa3 by Moody's Investors Service and BBB-minus by Standard & Poor's Corp.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.