Saint Gobain Said to Sell 10-Year Euro-Denominated Bonds

Cie. de Saint-Gobain plans to sell 10-year bonds in euros that may be priced to yield about 150 basis points more than the benchmark mid-swap rate, according to a banker involved in the transaction.

Bank of America Corp., BNP Paribas SA and Banco Santander SA (SAN) are managing the sale, the banker said.

To contact the reporter on this story: Ben Martin in London at bmartin38@bloomberg.net

To contact the editor responsible for this story: Andrew Reierson at areierson1@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.