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RTO Rentokil Initial Plc

413.00
-5.30 (-1.27%)
Last Updated: 15:19:23
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rentokil Initial Plc LSE:RTO London Ordinary Share GB00B082RF11 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.30 -1.27% 413.00 412.90 413.00 417.50 409.30 417.50 6,907,353 15:19:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Disinfecting,pest Control Sv 5.38B 381M 0.1516 27.12 10.33B

Hera Sells New Bonds, CDS Market Widens Slightly

26/09/2013 5:16pm

Dow Jones News


Rentokil Initial (LSE:RTO)
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Italian utility Hera SpA (HER.MI) Thursday sold new eight-year bonds amid slightly weaker corporate default protection costs.

CDS:

Markit iTraxx Europe index: 1.5 basis points wider at 99.5 bps

Markit iTraxx Crossover index: 6 bps wider at 395 bps

NEW ISSUES

Issuer: Hera

Amount: EUR500 million

Maturity: Oct. 4, 2021

Coupon: 3.25%

Issue Price: 99.398

Payment Date: Oct. 4, 2013

Spread: 150 basis points over midswaps

Debt Ratings: Baa1 (Moody's), BBB (Standard & Poor's)

Denominations: EUR100,000

Listing: Luxembourg

COMING UP:

Rentokil Initial (RTO.LN) and Origin Energy (ORG.AU) are expected to issue bonds Friday, according to Societe Generale strategist Suki Mann.

Write to Art Patnaude at art.patnaude@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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