U.S. transportation and supply chain management solutions provider, Ryder System, has raised a total of $350 million through a sale of medium-term notes, Reuters reports. The bonds, which carry a coupon rate of 3.15%, will mature on March 2, 2015. The securities were sold at a spread of 125 basis points, to yield 3.16%. The joint book-running managers for the sale were Bank of America Merrill Lynch, BNP Paribas, Mizuho Securities and RBC.
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