RCI Banque To Price EUR500 Mln 3-Year Bond At Swaps +2.53

16th Jun 2010 10:15

LONDON (Dow Jones)--RCI Banque, a wholly owned unit of French car maker Renault SA (RNO.FR), has set price guidance on its EUR500 million, three-year bond at 253 basis points over midswaps, one of the banks running the sale said Wednesday. BNP Paribas SA, Citigroup Inc. and HSBC Holdings PLC are lead managers of the deal. The company is rated Baa2 by Moody's Investor Services and BBB- by Standard and Poor's Corp. -By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259; [email protected] (END) Dow Jones Newswires June 16, 2010 05:15 ET (09:15 GMT)