EDF Said to Sell 10-Year Euro-Denominated Bonds

Electricite de France SA is selling 10-year bonds in euros, according to a banker involved in the transaction.

The bonds may be priced to yield about 170 basis points more than the benchmark mid-swap rate, the banker said. BNP Paribas SA, Credit Agricole SA (ACA), Goldman Sachs Group Inc. (GS), Natixis and Societe Generale SA are managing the deal, which is expected to be completed today.

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