Renault plans 5-year benchmark euro bond

Gasgoo From Reuters

French carmaker Renault SA is planning a five-year euro-denominated benchmark bond, IFR reported on Tuesday.

The issue will be managed by Calyon, Citi and RBS, said IFR Markets, a Thomson Reuters online news and market analysis service. Renault is rated BB by Standard & Poor's and Fitch Ratings.

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