September 11, 2017 / 3:51 PM / 2 months ago

BRIEF-Vivendi places a 850 million-euro bond

Sept 11 (Reuters) - Vivendi

* Vivendi says the euro-dominated bond is fixed-rate, has 7-year term and a coupon of 0.875 percent

* Vivendi says bond was issued at a price of 99.367 percent, corresponding to a yield of 0.969 percent

* Vivendi says bond was oversubscribed nearly three times and placed with institutional investors

* Vivendi says the average maturity of its bond debt is 5.3 years Further company coverage: (Reporting by Mathieu Rosemain)

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