State of Hessen Said to Plan Sale of 1 Billion Euros of Bonds

The German state of Hessen plans to sell 1 billion euros of bonds due 2017, according to a banker involved in the deal.

Commerzbank AG, Dekabank, Helaba, JPMorgan Chase & Co. and UniCredit SpA (UCG) are managing the transaction.

To contact the reporter on this story: Hannah Benjamin in London at hbenjamin1@bloomberg.net

To contact the editor responsible for this story: Michael Shanahan at mshanahan3@bloomberg.net

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