Linde plans 7-yr, 600 mln euro bond -lead

Mon Dec 1, 2008 8:25am EST
 
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LONDON, Dec 1 (Reuters) - German industrial gases producer Linde (LING.DE) plans to sell a seven-year 600 million euro ($760.3 million) bond, an official at one of the banks managing the sale said.

Guidance is at mid-swaps plus around 330 basis points area, after being tightened from mid-swaps plus 340 basis points area, the official said.

Deutsche Bank and Societe Generale are managing the deal, the official said.

Linde is rated BBB+ by Standard & Poor's and Baa1 by Moody's Investors Service.

(Reporting by Jane Baird)

 

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