Do More With Reuters
Partner Services

E I du Pont de Nemours launches $2 bln 2-part note sale

Wed Nov 4, 2009 11:20pm IST
 
Email | Print | | Single Page
[-] Text [+]

NEW YORK, Nov 4 (Reuters) - E I du Pont de Nemours and Co (DD.N: Quote, Profile, Research) on Wednesday launched a $2 billion two-part note sale, said IFR, a Thomson Reuters service.

The offering includes $1 billion in five-year notes expected to yield 92 basis points over comparable U.S. Treasuries and $1 billion in 10-year notes expected to yield 117 basis points over Treasuries, according to IFR.

The joint lead managers on the sale are Credit Suisse, JP Morgan and Morgan Stanley. (Reporting by Caryn Trokie, Editing by Chizu Nomiyama)

Dubai Debt Fears

Villas are seen on the The Palm, Jumeirah, with Atlantis, The Palm, under construction on the breakwater (crescent), May 3, 2008.  REUTERS/Jumana El Heloueh

Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets.  Full Article | Slideshow 

A man walks with the Indian national flag in front of the Taj Mahal hotel, one of the sites of last year's militant attacks, in Mumbai November 26, 2009.  REUTERS/Punit Paranjpe
One Year Later

Mumbai held tearful memorials as it marked the first anniversary of militant raids that killed 166 people.   Full Article | Full Coverage