Valspar Sells $400 million 4.2% 10-Year Sr Unsecured Notes

Jan. 10 (Bloomberg) -- The following issue went on sale today:

Issuer: Valspar Corp Manager(s): Deutsche Bank Securities Inc

Mitsubishi UFJ Securities USA Inc

US Bancorp Amount: $400 million Coupon: 4.2 percent Maturity: Jan. 15, 2022 Settlement: Jan. 13, 2012 Spread: 225 basis points more than governments