RBS Sets Pricing On Five-Year Euro Bond At Swaps +2.80 Area

8th Jul 2010 12:25

LONDON (Dow Jones)--Royal Bank of Scotland Group PLC (RBS) has set price guidance on its five-year, euro-denominated benchmark bond in the area of 280 basis points over midswaps, a syndicate official at the bank said Thursday. RBS is the sole lead manager on the deal, which is expected to price later in the day, subject to market conditions. -By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259; [email protected] (END) Dow Jones Newswires July 08, 2010 07:25 ET (11:25 GMT)