Spectra Energy Partners Sells $1.9 Billion of Bonds
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Spectra Energy Partners LP sold $1.9 billion of bonds in three parts to help fund the purchase of assets.
The company issued $500 million of 2.95 percent, five-year notes to yield 135 basis points more than similar-maturity Treasuries, $1 billion of 4.75 percent, 10.5-year debt at a relative yield of 190 basis points and $400 million of 5.95 percent, 30-year securities at a 205 basis-point spread, according to data compiled by Bloomberg.