BNP Paribas, Calyon, RBS, SocGen help Safran place EUR750m bond

Posted on: Fri, 20 Nov 2009 08:12:00 EST


Symbols: SCGLY, BNPZY
Nov 20, 2009 (M2 EQUITYBITES via COMTEX) --
SCGLY | Quote | Chart | News | PowerRating -- 20 November 2009 - French defence and electronics group Safran
(EPA:SAF) yesterday placed a EUR750m (USD1.1bn) bond with the
assistance of French banks BNP Paribas (EPA:BNP) and Calyon Credit
Agricole CIB.

Royal Bank of Scotland and Societe Generale Corporate & Investment
Banking were also among the lead managers of the issue.

The five-year 4% bond enjoyed strong demand, with orders reaching
EUR2.3bn an hour from its launch, confirming investors' confidence in
the group.

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For full details on (SCGLY) SCGLY. (SCGLY) has Short Term PowerRatings at TradingMarkets. Details on (SCGLY) Short Term PowerRatings is available at This Link.

For full details on (BNPZY) BNPZY. (BNPZY) has Short Term PowerRatings at TradingMarkets. Details on (BNPZY) Short Term PowerRatings is available at This Link.

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