Bloomberg News

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

March 12, 2012

Luxottica Group SpA (LUX) is selling 500 million euros of seven-year bonds, according to two people with knowledge of the sale.

The securities may be priced to yield about 200 basis points more than the benchmark mid-swap rate, the people said. Bank of America Corp., Credit Agricole CIB, Citigroup Inc., Royal Bank of Scotland Group Plc and UniCredit SpA (UCG) 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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