Bloomberg News

Metro Said to Sell 500 Million Euros of Seven-Year Bonds

February 22, 2012

Feb. 22 (Bloomberg) -- Metro AG is offering 500 million euros of seven-year bonds, according to a banker with knowledge of the transaction.

The bonds may be priced to yield about 155 basis points more than the benchmark mid-swap rate, the banker said. Commerzbank AG, ING Groep NV, Banco Santander SA and UniCredit SpA are managing the deal.

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


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