Total starts marketing euro benchmark hybrid bond

May 11, 2016 7:15 AM

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LONDON, May 11 (IFR) - Total SA has started marketing a perpetual non-call six-year euro benchmark hybrid bond at yield of 4% area, according to a lead bank.

Total has indicated to investors that it is aiming to raise at least 1bn from the transaction.

Also read: Moody’s Expects U.S. to Sue Over Its Pre-Crisis Bond Ratings

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