Wednesday, June 6, 2007

Xstrata sets guidance on 2-part euro bond - banker

(Reuters) - Diversified mining company Xstrata Plc has set guidance on a two-part euro-denominated benchmark bond, a banker familiar with the sale said on Wednesday.

Xstrata plans to sell a 5-year euro bond yielding mid-swaps plus "low 30s" basis points and a 10-year euro bond yielding mid-swaps plus "high 50s" basis points, the banker said.


Read more at Reuters Africa

No comments: