EURO BONDS-BAT dual tranche bond

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LONDON, June 25 | Fri Jun 25, 2010 10:07am BST

LONDON, June 25 (Reuters) - News, details on corporate bond issues in the European markets on Friday:

BAT (BATS.L)

Issue: Cigarette maker British American Tobacco is selling a dual-tranche bond, an official with one of the banks managing the sale said. The deal comprises a 10-year 600 million euro bond and a 30-year 275 million pound bond.

Managing banks: BNP Paribas, Deutsche Bank, HSBC, JP Morgan, Lloyds.

Rating: Moody's Baa1, S&P BBB+ and Fitch BBB+

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