Valeo Prices EUR500 Million 5.75% Bond Maturing 2017
09 Janeiro 2012 - 3:47PM
Dow Jones News
French car-parts maker Valeo SA (FR.FR) priced a EUR500 million,
five-year bond, one of the banks running the deal said Monday.
BNP Paribas SA, Credit Agricole SA, Mitsubishi UFJ Financial
Group, Societe Generale SA and Citigroup Inc. are lead bookrunners
on the sale, which has the following terms:
Amount: EUR500 million
Maturity: Jan 19, 2017
Coupon: 5.75%
Reoffer Price: 99.683
Payment Date: Jan 19, 2012
Spread: 412.7 basis points over midswaps
-By Ben Edwards, Dow Jones Newswires; 44-20-7842-9287;
ben.edwards@dowjones.com
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