CEZ to price 5-yr 500 mln euro bond on Tues -lead

02.10.2007 | , Reuters
Zpravodajství ČTK


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Czech electricity firm CEZ plans to sell a 5-year 500 million euro ($711.8 million) bond at mid-swaps plus 65 to 70 basis points, an official at one of the banks managing the sale said on Tuesday.

Order books have opened and pricing is expected on Tuesday, the official said.

BNP Paribas and Citigroup are managing the sale.

CEZ is rated A2 by Moody's Investors Service and A- by Standard & Poor's.

[LONDON/Reuters/Finance.cz]

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