BFCM Plans 10-Year Euro Fixed Rate Senior Benchmark Bond

9th Jul 2010 08:03

LONDON (Dow Jones)--Banque Federative du Credit Mutuel (FD-BFD) is planning to issue a 10-year, euro-denominated, benchmark fixed rate senior bond, one of the banks hired to manage the deal said Friday. Barclays PLC, Citigroup, and Deutsche Bank AG are lead managers of the issue. The deal is to be launched in the near future, subject to market conditions. The issuer is rated Aa3 by Moody's Investors Service Inc., A+ by Standard & Poor's Corp., and AA- by Fitch Ratings. -By Mark Brown, Dow Jones Newswires; + 44 (0)207 842 9485, [email protected] (END) Dow Jones Newswires July 09, 2010 03:03 ET (07:03 GMT)