EURO BONDS-Novartis Lloyds Iberdrola EDP Westpac 3CIF

Tue Mar 9, 2010 10:01am EST Stocks & &

LONDON, March 9 (Reuters) - News, details on corporate bondissues in the European markets on Tuesday:

Stocks&&&&Currencies&&&&Bonds

NOVARTIS (NOVN.VX)

Issue: The Swiss pharmaceutical firm plans a $4 billionsenior bond in three parts: a three-year, a five-year and a10-year, an official at one of the banks managing the sale said.

Managing banks: JP Morgan and Goldman Sachs.

Ratings: Moody"s Aa2, SP AA-, Fitch AA

LLOYDS (LLOY.L)

Issue: The UK banking group plans a debut 5-year benchmarkeuro covered bond, an official at one of the banks managing thesale said. Books are open, with orders at around 1.5 billioneuros.

The bank had held roadshows with investors earlier in theyear on a potential issue. [ID:nLDE60S27L]

Guidance: Mid-swaps plus 100 basis points area.

Managing banks: Deutsche Bank, LBBW, Natixis and Lloydsitself.

3i GROUP (III.L)

Mandate: the UK company plans a potential euro transaction,as reported by IFR Markets, a Thomson Reuters online news andmarket analysis service.

Managing banks: Commerzbank, Lloyds, Royal Bank of Scotandand Societe Generale.

ACEA (ACE.MI)

Issue: The Italian utility plans a 500 million euro ($680.3million) 10-year bond, a bank involved in the sale said.[ID:nWEB4600]

Spread guidance: mid swaps plus 125 basis points

Managing banks: BNP Paribas, Monte dei Paschi di Siena,Unicredit, Mediobanca, Banca IMI

IBERDROLA (IBE.MC)

Issue: Spanish utility plans a 10-year 500 million eurobond, reported IFR.

Managing banks: BBVA, BNP Paribas, Credit Suisse, JP Morgan.

Rating: Moody"s A3, SP A-, Fitch A.

Energias de Portugal (EDP.LS)

Issue: EDP plans a five-year euro benchmark bond, via afinance arm, an official at a bank involved in the sale said.

Spread guidance: mid swaps plus 95-100 basis points.

Managing banks: CaixaBI, ING, JP Morgan, RBS, Santander,Societe Generale.

Rating: Moody"s A3, SP A-, Fitch A-.

SPAREBANK 1 BOLIGKREDITT

Issue: The Norwegian bank plans a 7-year benchmark eurocovered bond, to be launched in the near future subject tomarket conditions, IFR reported.

Managing banks: BNP Paribas, HSBC, Nordea Markets andUnicredit.

GOLDMAN SACHS (GS.N)

Issue: The U.S. bank is issuing at 7-year senior benchmarkeuro bond, IFR reported.

Guidance: Mid-swaps plus 160-165 basis points.

Managing banks: Goldman Sachs

WESTPAC (WBC.AX)

Issue: The London branch of Westpac Securities New Zealandplans a seven-year senior euro benchmark bond, reports IFRMarkets.

Managing banks: HSBC, UBS, Westpac.

Rating: Moody"s Aa2, SP AA, Fitch AA-.

3CIF

Issue: Caisse Centrale du Credit Immobilier de France hasopened order books on a 750 million euro three-year seniorbenchmark floating rate note, an official involved with the salesaid.

Guidance: 3-month Euribor plus 95, basis points, refinedfrom earlier 100 basis points.

Managing banks: Deutsche Bank, HSBC, Natixis and SocieteGenerale.

Rating: Moody"s A1, SP A, Fitch A+.

BANCA POPOLARE DI VICENZA SCPA [BPVIC.UL]

Issue: The Italian cooperative bank plans a three-yearsenior floating-rate bond, sources close to the matter said.[ID:nWEB4550]

Guidance: 3-month Euribor plus around 115 basis points.

Managing banks: Barclays and RBS, as reported by IFRMarkets.

KA FINANZ AG [KKAT.UL]

Issue: Renamed Kommunalkredit Austria opens books on afour-year 1 billion euro government-guaranteed bond, reports IFRMarkets.

Guidance: Mid-swaps plus 13-15 basis points.

Managing banks: BNP Paribas, Citi, Morgan Stanley, RZB.

Ratings: Expected to be Triple A

(London Corporate Finance: +44 207 542 8389) ($1=.7350 Euro)

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