New Issue-JPMorgan Chase sells $2.5 bln 30-yr sr notes
May 16 (Reuters) - U.S. bank J.P. Morgan Chase & Co (JPM.N: Quote, Profile, Research, Stock Buzz) on Friday sold $2.5 billion in 30-year senior notes, said market sources.
J.P. Morgan was the sole bookrunning manager for the sale. BORROWER: J P MORGAN CHASE & CO AMT $2.5 BLN COUPON 6.40 PCT MATURITY 5/15/2038 TYPE SR NOTES ISS PRICE 98.846 FIRST PAY 11/15/2008 MOODY'S Aa2 YIELD 6.488 PCT SETTLEMENT 5/22/2008 S&P AA-MINUS SPREAD 195 BPS PAY FREQ SEMI-ANNUAL FITCH AA-MINUS MORE THAN TREAS NON-CALLABLE
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