LONDON, June 14 (Reuters) - News, details on corporate bond issues in the European markets on Monday:
Mandate: The subsidiary of French power company EDF (EDF.PA) sets the final size of a 12-year bond at 750 million euros, the high end of an initial 500-750 million euro range, an official with one of the banks managing the sale said.
Guidance: Mid-swaps plus 85 bps from initial 85-90 bps range.
Managing banks: Deutsche Bank, HSBC, Natixis and Societe Generale.
Ratings: S&P A+
Mandate: The French engineering group is planning to add to two existing 500 million euro ($610 million) bonds, an official with one of the banks managing the sale said. The company will add a maximum of 250 million euros to the existing September 2014 and March 2020 bonds.
Managing banks: BNP Paribas, Credit Agricole, Natixis and Societe Generale.
Ratings: Moody’s Baa2, S&P BBB+
Mandate: The subsidiary of German IT leasing company Grenkeleasing GKLG.DE plans to sell a 3.5-year fixed rate bond, as reported by IFR Markets, a Thomson Reuters online news and market analysis service.
Guidance: Mid-swaps plus 285 bps
Managing banks: Deutsche Bank and WestLB
Ratings: S&P BBB
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