Schneider Electric SA

09 Jan 2009

Rating: A3/A-/A-

Amount: Eu750m

Maturity: 17 July 2013

Issue/re-offer price: 99.956

Coupon: 6.75%

Spread at re-offer: 360bp over mid-swaps

Launched: Wednesday 7 January

Payment date: 16 January

Joint books: Barclays, Natixis, Royal Bank of Scotland, Société Générale

Bookrunners’ comment:

Schneider Electric was upgraded by Standard and Poor’s from BBB+ to A- in December, and has just got the ...

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