RLPC-UPDATE 1-Swift & Co. pulls $600 mln junk bond deal--sources

(Reuters) - J.P. Morgan was leading the Rule 144A private placement
deal with a "Caa2" rating by Moody's Investors Service and
"B-minus" rating by Standard & Poor's, according to KDP
Investment Advisors. The bond offering is backed by a $600
million bridge loan.




The offer consisted of a $200 million senior cash-pay
tranche due 2015; a $200 million senior toggle tranche due
2015; and a $200 million senior floating-rate tranche due
2014.


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