Feb. 13 (Bloomberg) -- BP Plc’s is selling bonds in euros due in 2016 and 2019, according to a banker involved in the transaction.
The 2016 bonds may be priced to yield about 85 basis points more than the benchmark mid-swap rate, the banker said. The company’s 2019 notes may have a spread of about 110 basis points over swaps. BNP Paribas SA, Deutsche Bank AG, Lloyds Banking Group Plc, Banco Santander SA and Societe Generale SA are managing the deal.
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