for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Rolls-Royce plans 10-yr stg benchmark bond -IFR

LONDON, April 23 (Reuters) - British engine maker Rolls-Royce Group RR.L plans to issue a 10-year sterling benchmark bond, IFR reported on Thursday.

Initial price guidance has been set at gilts plus 330 to 350 basis points, said IFR Markets, a Thomson Reuters online news and market analysis service.

Barclays, BNP Paribas and JP Morgan have been named to manage the deal, IFR said.

Rolls-Royce is rated A- by Standard & Poor’s and Fitch Ratings and A3 by Moody’s Investors Service.

Reporting by Jane Baird; editing by John Stonestreet

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up