• Most Popular
  • Most Shared

Edison plans 500 mln euro bond next week-sources

Thu Jul 9, 2009 1:10pm EDT

Stocks

   

MILAN, July 9 (Reuters) - Italian utility Edison SpA (EDN.MI) plans to launch a 500 million euro ($696 million) senior bond with a duration of five to seven years next week, banking sources close to the operation said on Thursday.

Italy

"It'll be for five or seven years, more likely five," one of the sources said on condition of anonymity.

(Reporting by Gabriella Bruschi, writing by Jo Winterbottom)

($1=.7184 Euro)



More from Reuters

Afghan insurgents kill CIA agents, Canadians

KABUL (Reuters) - Insurgents intensified their campaign against military targets and U.S.-led forces in Afghanistan, killing eight U.S. CIA agents at a base and four Canadian servicemen on patrol and a journalist accompanying them.

Floor traders work at the Hong Kong Stocks Exchange, January 16, 2008.   REUTERS/Bobby Yip

My way or the highway?

Hong Kong is poised to accept Beijing's accounting standards. That's good. The system, though, is prone to scandal. That's bad.  Full Article 

People walk past a branch of Bank of America in New York's financial district April 28, 2009. REUTERS/Brendan McDermid

Move your money

Boycotting "too big to fail" banks is a great idea -- so long as investors remember that banks aren't the only ones responsible for the crisis.  Full Article