CORRECT: Veolia Prices EUR834.45M 4.247% 2021 Bond At Par, Swaps +1.30

1st Jul 2010 14:55

("Veolia Prices EUR834.45M 4.247% 2021 Bond At Par, Swaps +1.30," at 1346 GMT, misstated the amount priced in the first paragraph. The correct version follows:) LONDON (Dow Jones)--France-based utility group Veolia Environnement S.A. (VIE.FR) has priced an EUR834.45 million, 2021-dated bond issue, one of the banks running the deal said Thursday. The new issue is part of an exchange and tender offer for the company's existing 2012 and 2013 bonds. All bonds accepted as part of the offer were bought back at above-par prices. Societe Generale SA is structuring adviser and joint dealer manager. BNP Paribas SA, Natixis and the Royal Bank of Scotland Group PLC are joint dealer managers of the issue. Terms of the new issue are as follows: Amount: EUR834.45 million Maturity: July 6, 2021 Coupon: 4.247% Reoffer Price: Par Payment Date: July 6, 2010 Spread: 130 basis points over mid-swaps Debt Ratings: A3 (Moody's) BBB+ (Standard & Poor's) A- (Fitch) Denominations: EUR50,000; EUR50,000 Listing: Paris The bonds are being sold under the borrower's Euro medium-term-note program. -By Michael Wilson, Dow Jones Newswires; 44 20 7842 9349, [email protected] (END) Dow Jones Newswires July 01, 2010 09:55 ET (13:55 GMT)