Danone seen raising up to 1 bln euros -IFR

LONDON Tue Nov 25, 2008 4:24am EST

LONDON Nov 25 (Reuters) - French food group Danone (DANO.PA) is expected to raise 750 million euros ($966 million) to 1 billion euros ($1.3 billion) via its planned five-year bond, IFR said on Tuesday.

Books on the deal have been closed after demand reached more than 4 billion euros, said IFR, a Thomson Reuters publication.

Barclays, Calyon, HSBC and Natixis are lead managers on the deal, IFR said.

(Reporting by Natalie Harrison)

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