Monsanto (MON) Announces $500M Notes Offering

July 10, 2012 5:02 PM EDT
Monsanto Company (NYSE: MON) today announced a $500 million public debt offering, with $250 million in 10-year bonds and $250 million in 30-year bonds.

The 10-year notes will be issued at 99.884 percent and bear interest at 2.20 percent, resulting in a yield of 2.21 percent. These notes mature on July 15, 2022 with a first interest payment date of January 15, 2013.

The 30-year notes will be issued at 99.854 percent and bear interest at 3.60 percent, resulting in a yield of 3.61 percent. These notes mature on July 15, 2042 with a first interest payment date of January 15, 2013.


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