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France's Total unit sells A$150 mln 3-year euronote

Wed May 14, 2008 9:41pm EDT

Stocks

    
 (For the latest Australia and New Zealand bond news, double
click on [AU/CRD] and then double click on the ID number)
 SYDNEY, May 15 (Reuters) - A unit of French oil major Total
(TOTF.PA) has sold A$150 million ($140 million) of three-year
euronotes at 11 basis points over BBSW, sold lead RBC Capital
Markets said on Thursday.
 The deal details are as follows:
  Issuer:         Total Capital SA
  Facility:       Fixed rate euronotes
  Documentation:  European
  Amount issued:  A$150 mln
  Maturity:       May 27 2011
  Set date:       May 27
  Coupon:         7.50% per year
  Yield:          7.60%
  Margin:         +11 bps over BBSW or
                  +124 bps over ACGB June 2011
  Reoffer price:  93.73
  Lead(s):        RBC Capital Markets
  Issuer rating:  AA (S&P), Aa1 (Moody's)
 ($1=A$1.07)
 (Reporting by Cecile Lefort)



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