ThyssenKrupp Said to Sell Five-Year Bonds in Euros

ThyssenKrupp AG (TKA) is selling five-year bonds in euros, according to two people with knowledge of the transaction.

The securities may be priced to yield about 300 basis points more than the benchmark mid-swap rate, the people said. BNP Paribas SA, Commerzbank AG, Royal Bank of Scotland Group Plc and UniCredit SpA (UCG) are managing the deal.

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

To contact the editor responsible for this story: Ben Martin at bmartin38@bloomberg.net

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