RTE EDF Transport Plans EUR500M-EUR750M 12-Year Bond Issue

14th Jun 2010 09:20

LONDON (Dow Jones)--French power transmission grid operator RTE EDF Transport SA is planning to launch a 12-year bond issue, one of the banks working on the deal said Monday. The issue is set to be worth between EUR500 million and EUR750 million. Deutsche Bank AG, HSBC Holdings PLC, Natixis and Societe Generale CIB are lead managers on the deal, which is expected to price later Monday, subject to market conditions. The company is rated A+ by Standard and Poor's Corp. -By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259; [email protected] (Ainsley Thomson contributed to this article.) (END) Dow Jones Newswires June 14, 2010 04:20 ET (08:20 GMT)