p>PolyOne Corp (
POL.N) on Monday sold $360 million of senior notes, said a market source.
The size of the deal was increased from an originally planned $320 million.
Bank of America Merrill Lynch, Morgan Stanley and Wells Fargo Securities were the joint bookrunning managers for the
sale.
BORROWER: POLYONE CORP
AMT $360 MLN COUPON 7.375 PCT MATURITY 9/15/2020
TYPE SR NTS ISS PRICE 100 FIRST PAY 3/15/2011
MOODY'S Ba3 YIELD 7.375 PCT SETTLEMENT 9/24/2010
S&P B-PLUS SPREAD 462 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 5 YRS*
* MAKE-WHOLE CALL 50 BPS