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.
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