Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector 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
React to this article
Latest news on FRESENIUS SE & CO KGAA
08/27 Fresenius to raise div as it reaches 2017 target early
08/27DJFresenius SE Sees Dividend Growth for 2015 of Over 20%
08/27 FRESENIUS SE KGAA : expects 2015 dividend increase of more than 20%, will reach ..
08/24 FRESENIUS SE KGAA : East Hartford Police Department Seeks National Accreditation
08/12 FRESENIUS SE KGAA : Sitex Group buys another warehouse
08/10 FRESENIUS SE KGAA : Forum seeks input on Sheriff's Office
08/05 FRESENIUS SE KGAA : Members of public share opinions of Manatee County Sheriff's..
08/04 FRESENIUS SE KGAA : Carroll Sheriff's Office receives fourth policy accreditatio..
08/03 FRESENIUS SE KGAA : Germany stocks higher at close of trade; DAX up 1.19%
07/30 FRESENIUS SE KGAA : Farmington police department recognized for excellence
Advertisement
Chart
Duration : Period :
Fresenius SE & Co KGaA Technical Analysis Chart | FRE | DE0005785604 | 4-Traders
Income Statement Evolution
More Financials