Inergy and its subsidiary, Inergy Finance, have raised $750 million through a sale of senior notes, Reuters reports. The 6.875% notes, due in 2021, have a spread of 354 basis points. The company increased the size of the deal from the originally planned $700 million. Bank of America Merrill Lynch, Barclays, Credit Suisse, JP Morgan and Morgan Stanley were the joint bookrunning managers for the note sale.
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