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PPG plans euro bond after roadshows -leads
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Glass and chemicals copmany PPG Industries Inc. (PPG.N: Quote, Profile, Research) plans to issue a eurobond after a European roadshow, the banks managing the sale said on Wednesday.
CSFB, HSBC and JP Morgan are managing the sale.
A banker familiar with the sale said that the bond would have an intermediate maturity and was to total 300 million euros ($369.1 million).
PPG is rated A2 by Moody's Investors Service and A by Standard & Poor's.
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June 9th, 2005
Source: Reuters.com |
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