Peugeot plans 5-year euro bond -IFR
LONDON, July 8 |
LONDON, July 8 (Reuters) - French carmaker Peugeot (PEUP.PA) is planning to sell a five-year euro bond, IFR reported on Wednesday.
Guidance has been set to yield around 8.75 percent, plus or minus 0.125 percent, and books have already closed over 4 billion euros, said IFR Markets, a Thomson Reuters online news and market analysis service.
The sale is being managed by BNP Paribas, Deutsche Bank and Natixis.
Peugeot is rated Baa3 by Moody's Investors Service, BBB- by Standard & Poor's and BB+ by Fitch Ratings.
(Reporting by Victoria Bryan)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters