PPG plans euro bond after roadshows -leads

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.

600450 PPG plans euro bond after roadshows -leads glassonweb.com

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