Member access

4-Traders Homepage  >  Shares  >  Xetra  >  Fresenius SE & Co KGaA    FRE   DE0005785604

SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

Fresenius Sets Pricing On EUR500 Million 7-Year Bond At 4.25% Area

03/21/2012 | 07:24am US/Eastern

("Fresenius Sets Pricing On EUR500M 7-Year Bond At 4.25% Area," at 1020 GMT, misstated the vehicle issuing the bond in the first paragraph. The correct version follows:)

-German medical care company Fresenius SE & CO. KGaA (>> Fresenius SE & Co KGaA) has set price guidance on its EUR500 million seven-year bond in the area of 4.25%, one of the banks on the deal said Wednesday.

The issue will be priced later Wednesday, and books on the deal are comfortably oversubscribed, said one of the banks on the deal. The issue was primarily targeted at retail accounts, which showed a good deal of interest, it added.

The bond will be used--among other corporate purposes--to fund the acquisition of hospital operator Damp Group, which Fresenius acquired in October 2011.

Expected ratings are Ba1 from Moody's Investors Service and BB+ from Standard & Poor's Corp. and Fitch Ratings.

Royal Bank of Scotland Group PLC, Deutsche Bank AG, Commerzbank AG, LBBW and Bayern LB are lead managers on the deal.

-By Serena Ruffoni, Dow Jones Newswires; +44 (0) 207 842 9349; serena.ruffoni@dowjones.com

Stocks mentioned in the article : Fresenius SE & Co KGaA
Latest news on FRESENIUS SE & CO KGAA
1d ago Porsche cashes in on turnaround with consultancy business
4d ago Danone says board hadn't discussed Mead Johnson and not carrying out review
6d ago Danone decides on Mead Johnson as takeover target - sources
6d ago EXCLUSIVE : Fresenius, buyout groups eye Danone Medical Nutrition unit - sources
10/09 FRESENIUS SE KGAA : -vamed wins contract with university hospital schleswig-hols..
10/02 FRESENIUS SE KGAA : BAM consortium reaches financial close on University Hospita..
09/30 APPLE : Only Congress Can Crack Apple’s Spy-Proof IPhones
09/16 FRESENIUS SE KGAA : Union Pacific Railroad Police Secure CALEA Accreditation
09/15 UNION PACIFIC : Railroad Police Receive Prominent CALEA Accreditation
09/11 FRESENIUS SE KGAA : english (DGAP DD)
Advertisement
Chart
Duration : Period :
Fresenius SE & Co KGaA Technical Analysis Chart | FRE | DE0005785604 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF