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Abengoa to issue 200 mln euros exchangeable bonds

Thu Jun 25, 2009 2:16am EDT

MADRID, June 25 (Reuters) - Spanish engineering firm Abengoa said on Thursday it would issue up to 200 million euros ($281.4 million) of five-year debt exchangeable into shares.

The debt issue, scheduled for July 24, will be managed by BNP Paribas and Deutsche Bank and aimed at Spanish and international investors, Abengoa said in a statement.

Abengoa expects the bonds to have fixed interest of between 6.125 percent and 6.875 percent. (Reporting by Andrew Hay, editing by Will Waterman)



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