The revived bond, delayed from earlier this year, should be marketed immediately after the US Thanksgiving holiday next Thursday. Roadshows are slated to begin the week of November 30, for pricing either at the end of the following week, or the week beginning December 14. Officials from lead managers Credit Suisse First Boston and Goldman Sachs declined to comment on the deal, but it is now likely to be halved from its original $1bn issue size, and comprise either a seven or 10 year tenor.
November 20, 1998