MetLife Plans Euro, Sterling 10-Year Bond
07 January 2013 - 8:59PM
Dow Jones News
By Serena Ruffoni
Insurance and financial company MetLife Inc. (MET) plans a dual
tranche euro- and sterling-denominated 10-year bond, said one of
the banks on the deal Monday.
Initial price indications given are in the area of 80 basis
points over the midswap rate for the euro tranche, and 110 basis
points over the gilt for the sterling tranche.
Barclays, Credit Suisse, Deutsche bank and HSBC are lead
managers on the transaction.
Write to Serena Ruffoni at serena.ruffoni@dowjones.com
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