FMS Wertmanagement Plans 2020 Euro Benchmark Bond Issue
03 Setembro 2012 - 10:13AM
Dow Jones News
By Ben Edwards
FMS Wertmanagement, the so-called 'bad bank' of Germany's Hypo
Real Estate Group, is planning a benchmark-size, euro-denominated
bond, maturing in January 2020, one of the banks running the deal
said Monday.
Initial price thoughts are in the area of 10 basis points over
midswaps.
Bayern LB, Deutsche Bank AG, HSBC Holdings PLC and UBS are the
lead managers of the sale, which is expected to price Tuesday.
The issuer is rated triple-A by all three of the major ratings
companies.
Write to Ben Edwards at ben.edwards@dowjones.com
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