RCI Banque Prices EUR500M 2013 Bond At 99.74, Swaps +2.53

16th Jun 2010 14:36

LONDON (Dow Jones)--RCI Banque, a wholly owned unit of French car maker Renault SA (RNO.FR), has priced its EUR500 million, 2013-dated bond through joint-lead managers BNP Paribas SA, Citigroup Inc. and HSBC Holdings PLC, one of the banks said Wednesday. Terms are as follows: Amount: EUR500 million Maturity: July 11, 2013 Coupon: 4% Reoffer Price: 99.74 Payment Date: June 29, 2010 Spread: 253 basis points over mid-swaps Debt Ratings: Baa2 (Moody's) BBB- (Standard & Poor's) Denominations: EUR1,000; EUR1,000 Listing: Luxembourg; Paris The bonds are being sold under the borrower's Euro medium-term-note program. By Ainsley Thomson, Dow Jones Newswires; 44 20 7842 9318; [email protected] (END) Dow Jones Newswires June 16, 2010 09:36 ET (13:36 GMT)