Vivendi To Price Two-Part Four-Year, Seven-Year Bond
23 November 2011 - 3:56AM
Dow Jones News
French media company, Vivendi S.A. (VIV.FR) is to price its
two-part senior unsecured bond, one of the banks running the deal
said Tuesday.
The EUR500 million four-year part is to price at 215 basis
points over midswaps and the EUR500 million seven-year bond at 265
basis points over midswaps.
The four-year bond is within initial guidance which was set at
210 basis points to 220 basis points over midswaps. The seven-year
part has priced wider than initial price guidance which was set at
250 basis points to 260 basis points over midswaps.
BNP Paribas S.A., Deutsche Bank AG, Bank of Tokyo Mitsubishi,
Lloyds Banking Group PLC, and Banco Santander S.A., are the lead
managers on the deal.
Vivendi is rated Baa2 by Moody's Investors Services Inc., and
BBB by Standard and Poor's Corp.
-By Sarka Halas, Dow Jones Newswires, +44 (0) 207 842 9236;
Sarka.Halasova@dowjones.com
Vivendi (PK) (USOTC:VIVHY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Vivendi (PK) (USOTC:VIVHY)
Historical Stock Chart
From Jul 2023 to Jul 2024