Unilever Plans CNY300 Million 3-Year Offshore-Yuan Bond At Around 1.25% - Source
28 März 2011 - 5:57AM
Dow Jones News
Unilever N.V. (UN) plans to sell a CNY300 million three-year
offshore-yuan bond at around 1.25%, a person familiar with the
proposed deal said Monday.
The planned Reg S offering is rated A1 with a stable outlook by
Moody's Investors Service and A+ with a stable outlook by Standard
& Poor's, and is guaranteed by Unilever PLC and Unilever United
States, Inc., the person said.
The expected settlement date for the proposed bond, which won't
grow beyond CNY300 million in size, is March 31, the person
added.
-By Natasha Brereton, Dow Jones Newswires; +65-6415-4044;
natasha.brereton@dowjones.com
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