E.ON plans 2-part euro benchmark bond -lead

Wed Apr 23, 2008 8:44am BST
 
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LONDON, April 23 (Reuters) - German utility E.ON EONG.DE plans to sell a two-part bond, consisting of a five-year euro benchmark and a 12-year euro benchmark tranche, an official at one of the banks managing the sale said on Wednesday.

Calyon, Commerzbank and UniCredit (HVB) are managing the sale, which will be priced on Wednesday, the official said.

E.ON is rated A by Standard & Poor's, A2 by Moody's Investors Service and A+ by Fitch Ratings. (Reporting by Maya Thatcher)

 

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