CME sets guidance on 150 mln euro FRN -banker

...floating-rate notes, a banker familiar with the sale said on Wednesday.

The notes are set to be priced later on Wednesday to yield around 175 basis points over Euribor, the banker said.

CME said last week it would use proceeds from the issue of senior secured notes for general corporate purposes, including the possible purchase of additional ownership interests in its existing operations.

JP Morgan, Lehman Brothers and ING are managing the sale.

[LONDON/Reuters/Finance.cz]