CEZ Sets Final Terms On EUR500M 10-Year Bond At Swaps +1.67

23rd Jun 2010 11:05

LONDON (Dow Jones)--Czech electricity company CEZ AS (BAACEZ.PR) has set final price guidance on its EUR500 million, 10-year bond at 167 basis points over midswaps, a bank running the sale said Wednesday. This is at the tight end of initial guidance set at 167-170 basis points over midswaps. Citigroup Inc., Credit Agricole SA, Deutsche Bank AG, Erste Bank Group AG and the Royal Bank of Scotland are lead managers on the deal. CEZ is rated A2 by Moody's Investors Service Inc. and A- by both Standard and Poor's Corp. and Fitch Ratings. -By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259; [email protected] (END) Dow Jones Newswires June 23, 2010 06:05 ET (10:05 GMT)