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.

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