Monday, September 22, 2014

STEP 1-Cnh Industrial, open books for bond 7 years, 3125% -1.25 … – Reuters Italy

STEP 1-Cnh Industrial, open books for bond 7 years, 3125% -1.25 … – Reuters Italy

(Rewrites with early indications emission)

MILAN, September 22 (Reuters) – Industrial CNH opened the book to issue a benchmark bond in euro to 7 years, whose pricing is expected in the day. He reports the service of Thomson Reuters IFR, providing an early indication of return of between 3.125% and 3.25%.

In a statement released this morning, the company had announced its intention to proceed with an issue benchmarks in euro, subject to market conditions, as part of its Global Medium Term Notes. The notes will be issued by CNH Industrial Finance Europe, wholly owned subsidiary of CNH Industrial.

The operation is managed by BBVA, Citi, Deutsche Bank, Natixis, Rabobank and UniCredit.

Cnh Industrial were rated Ba2 by Moody’s and BB + by S & amp; P.

(Editors Milan, reutersitaly@thomsonreuters.com, +39 02 66129557, Reuters Messaging: claudia.cristoferi.thomsonreuters.com@reuters.net)) www.reuters.it On other news Reuters in Italian. The top news also on www.twitter.com/reuters_italia

© Thomson Reuters 2014 All the assigns rights to Reuters.

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