RPT-UPDATE 1-Unilever plans 8-yr stg benchmark bond -IFR
(Adds market talk on guidance and size, books in paragraph 2, repeats to add new Reuters Instrument Code)
LONDON, June 10 (Reuters) - Consumer goods company Unilever (ULVR.L) (UNc.AS) plans to issue an eight-year sterling benchmark bond, IFR reported on Wednesday.
IFR cited market talk that guidance has tighted to gilts plus 160 basis points from plus around 170 basis points and that the expected size has increased to 400 million pounds from 300 million after investor demand exceeded 2 billion pounds.
Deutsche Bank, HSBC, JP Morgan and Royal Bank of Scotland have been named to manage the deal, said IFR Markets, a Thomson Reuters online news and market analysis service.
Unilever is rated A+ by Standard & Poor's and A1 by Moody's Investors Service. (Reporting by Jane Baird; Editing by Greg Mahlich)
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