GE Money Bank plans 1 bln euro covered bond -IFR
LONDON, July 7 |
LONDON, July 7 (Reuters) - GE Money Bank France, a subsidiary of General Electric Capital Corp (GEA.N), plans a 1 billion euro five-year covered bond, IFR reported on Tuesday.
Guidance has been set at mid-swaps plus 100 to 110 basis points, said IFR Markets, a Thomson Reuters online news and market analysis service.
BNP Paribas, Deutsche Bank and Societe Generale are to manage the issue, IFR said.
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