Eutelsat Said to Sell Bonds in Euros Due January 2019

Eutelsat Communications (ETL) SA is selling bonds in euros due in January 2019, according to a banker involved in the transaction.

The bonds may be priced to yield 290 to 300 basis points more than the benchmark mid-swap rate, the banker said. Credit Agricole SA (ACA), Mitsubishi UFJ Securities, Societe Generale SA, Banca IMI SpA and Goldman Sachs Group Inc. are managing the deal.

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