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Europcar Sets Pricing On EUR355 Million High Yield Bond 12.25%-12.50%

LONDON -(Dow Jones)- France-based Europcar Groupe SA set price guidance on its EUR355 million five-year subordinated bond, said one of the banks on the deal Wednesday. Guidance is for a yield between 12.25% and 12.5%, the bank said. Pricing is expected Thursday afternoon. Ratings are Caa1 from Moody's Investors Service Inc. and B- from Standard & Poor's Corp. The bond will be non-callable for the first three years with proceeds used to repay existing debt. Deutsche Bank, Credit Agricole CIB, Goldman Sachs, JP Morgan, Societe Generale and Royal Bank of Scotland are lead managers on the deal. -By Serena Ruffoni, Dow Jones Newswires; +44 (0) 207 842 9349; serena.ruffoni@dowjones.com

Stock News for Royal Bank of Scotland Grp. (RBS)
DateTimeHeadline
09/16/201400:42:57U.K. Companies Donate Little to Camps in Scottish Independence...
09/13/201418:43:40Polls Show Scottish Referendum Too Close to Call -- 2nd Update
09/13/201416:28:19Poll Shows Pro-U.K. Voters in Front Ahead of Scotland Referendum...
09/13/201411:39:23Poll Shows Pro-U.K. Voters in Front Ahead of Scotland Referendum
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09/12/201406:43:12LONDON MARKETS: U.K. Stocks Rise After Poll Points To 'no' In...
09/11/201412:21:56EUROPE MARKETS: Russian Stocks Slump Most In Europe After Sanction...
09/11/201412:11:35EUROPE MARKETS: RBS, Lloyds Climb; Sanofi Slips: Europe's Big...
09/11/201412:11:10LONDON MARKETS: FTSE Closes At Lowest Level Since Late August
09/11/201408:27:26EUROPE MARKETS: Stoxx Europe 600 On Track For Fifth Straight...
09/11/201407:00:11Sterling Recovers Slightly After Scotland Poll
09/11/201406:05:32NAB Says It Would Relocate if Scotland Votes for Independence
09/11/201406:05:24LONDON MARKETS: FTSE 100, Pound Rise As Pro-union Campaign Is...
09/11/201406:05:16LONDON MARKETS: FTSE 100, Pound Rises As Pro-union Campaign Is...
09/11/201406:05:11RBS to Relocate to England if Scotland Leaves
09/11/201404:41:44RBS to Relocate to England if Scotland Votes for Independence
09/09/201417:59:32ADR Shares End Lower; Novo Nordisk Shares Trade Actively
09/09/201402:14:46ADR Shares End Lower; RBS, Lloyds Shares Trade Actively
09/09/201401:56:30LONDON MARKETS: FTSE 100, Pound Slide On Scottish Uncertainty
09/09/201401:50:13Pound Slumps on Scotland Poll -- 6th Update

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