Finmeccanica prices bond tranches-leads

Wed Jul 8, 2009 4:35pm EDT
 
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MILAN, July 8 (Reuters) - Italian defence company Finmeccanica SpA (SIFI.MI) priced the 10-year and 30-year tranches of its dollar-denominated bond for a total of $800 million on Wednesday, two lead managers close to the operation told Reuters.

The group priced a $500 million 10-year bond tranche with a coupon of 6.25 percent and a total yield of 6.356 percent, the leads said on Wednesday.

The group also priced a $300 million 30-year bond tranche with a coupon of 7.375 percent and a total yield of 7.482 percent, they added.

(Reporting by Gabriella Bruschi, writing by Stephen Jewkes)

 

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