Czech utility CEZ plans benchmark euro bond -leads

25.09.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

LONDON, Sept 25 (Reuters) - Czech power utility CEZ <CEZPsp.PR> plans to sell a benchmark-sized euro bond after European investor roadshows next week, the banks managing the sale said on Monday.

Deutsche Bank and SG CIB are joint bookrunners for the deal, which will follow investor meetings in Vienna, Frankfurt, London and Paris that run from Oct. 3 to Oct. 5.

Benchmark euro bonds usually total at least 500 million euros ($639 million).

CEZ holds an A2 credit rating from Moody's Investors Service and a BBB+ rating from Standard & Poor's. ((Reporting by Quentin Webb; editing by Paul Bolding; Reuters Messaging: quentin.webb.reuters.com@reuters.net; +44 207 542 9405)) ($1=.7828 Euro)

Keywords: ENERGY CEZ BOND

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