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

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

Real-time Quote. Real-time Tradegate - 02/08 11:49:13 am
53.181 EUR   -3.01%
01/29 FRESENIUS SE KG : Kabi acquires Ready-to-Administer Drugs and U.S. P..
01/08DJFRESENIUS SE KG : Kabi Acquires Becton Dickinson's Prescription Busi..
2015 FRESENIUS SE KG : Frederick police pursue accreditation from law enf..
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
01/29 FRESENIUS SE KGAA : Kabi acquires Ready-to-Administer Drugs and U.S. Pharmaceuti..
01/08DJFRESENIUS SE KGAA : Kabi Acquires Becton Dickinson's Prescription Business
2015 FRESENIUS SE KGAA : Frederick police pursue accreditation from law enforcement s..
2015 FRESENIUS SE KGAA : Sitex buys Avenel industrial site, plans to add second wareh..
2015 FRESENIUS SE KGAA : BRIEF: NBPD accredited through national organization
2015 FRESENIUS SE KGAA : Bloomfield PD Gains National Accreditation
2015 FRESENIUS SE KGAA : Building demolition and wrecking work and earthmoving work
2015 FRESENIUS SE KGAA : DPPD receives CALEA Re-Accreditation with Excellence
2015 FRESENIUS SE KGAA : An Application for the Trademark "FREKA BELLY CAP" Has Been ..
2015 FRESENIUS SE KGAA : Federal Contracts Awarded by Federal Agencies in Wisconsin (..
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials