Bloomberg News

ThyssenKrupp Said to Sell Five-Year Bonds in Euros

February 21, 2012

Feb. 21 (Bloomberg) -- ThyssenKrupp AG 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 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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