Lloyds TSB sets guidance on euro-, dollar secs

HONG KONG, May 13 (Reuters) - Lloyds TSB (LLOY.L: Quote, Profile, Research), Britain's fifth biggest bank, set guidance for its sale of euro- and dollar-denominated fixed rate hybrid perpetual securities at around 8 percent yield for each tranche, according to two sources involved in the deal.

Size has not yet been determined for the capital issues, said the sources, who are involved in the deal but are not authorised to talk publicly about the transaction. Pricing is expected this week.

BNP Paribas (BNPP.PA: Quote, Profile, Research), Lloyds TSB Corporate Markets, Merrill Lynch (MER.N: Quote, Profile, Research) and UBS (UBSN.VX: Quote, Profile, Research) as lead managers for the sale. (Reporting by Rafael Nam; Editing by Keiron Henderson)