New Issue: Wachovia prices $350 million add on to 5.75% notes at 98.91 to yield 5.897%

By Jennifer Chiou

New York, Sept. 13 - Wachovia Corp. priced a further $350 million of notes due June 15, 2017 at 98.91 to yield 5.897%, according to an FWP with the Securities and Exchange Commission.

The notes have a coupon of 5.75%.

The issuance brings the total size of the deal to $1.7 billion.

The bookrunner on the deal was Wachovia Capital Markets, LLC. Samuel A. Ramirez & Co., Inc. and Utendahl Capital Partners, LP were the co-managers.

Issuer:	Wachovia Corp.
Security description:	Notes
Amount:	$350 million
Maturity:	June 15, 2017
Coupon:	5.75%
Price:	98.91
Yield:	5.897%
Gross spread:	45 basis points
Bookrunner:	Wachovia Capital Markets, LLC
Co-managers:	Samuel A. Ramirez & Co., Inc., Utendahl Capital Partners, LP
Trade date:	Sept. 12
Settlement date:	Sept. 17 with accrued interest from June 8

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