Total sets yield on hybrid bond at 3.875%

May 11, 2016 11:00 AM

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LONDON, May 11 (IFR) - Total SA has set the yield for its euro-denominated hybrid bond issue at 3.875%, as demand surpassed 5.5bn, according to a banker on the deal.

The French oil major started marketing a perpetual non-call six-year at yield of 4% area, earlier on Wednesday.

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