EURO BONDS-Smiths, Deutsche Telekom, AXA, ING, Rabobank, Nordea

LONDON, April 13 (BestGrowthStock) – News, details on corporate bond
issues in the European markets on Tuesday:

SMITHS GROUP (SMIN.L: )

Mandate: British technology firm plans a debut euro
denominated bond to be launched following three days of meetings
with investors that end on April 23, an official at one of the
banks involved in the sale said.

Managing banks: BNP Paribas, HSBC

Rating: Moody’s Baa2, S&P BBB+

DEUTSCHE TELEKOM (DTEGn.DE: )

Mandate: plans a 500 million euro 15-year bond to price on
Tuesday, an official at one of the banks said.

Guidance: mid-swaps plus 120-125 basis points

Managing banks: Deutsche Bank, Goldman Sachs

Ratings: S&P BBB+, Fitch BBB+

AXA (AXAF.PA: )

Mandate: plans a euro-denominated subordinated bond, 30-year
non-callable for 10 years, an official at one of the banks
involved in the sale said.

Managing banks: BNP Paribas and Citi are joint structures,
coordinators and bookrunners. Credit Agricole, JP Morgan,
Natixis and Royal Bank of Scotland are joint bookrunners.

ING (ING.AS: )

Mandate: the Dutch bank plans to sell 300 million euros of
additional bonds to increase an existing 1.25 billion euro March
2015 issue, said an official at one of the banks managing the
sale.

Guidance: narrowed to mid-swaps plus 93 basis points, from
95 bps area

Managing banks: Barclays and ING

Ratings: Moody’s Aa3, S&P A+, Fitch A+

RABOBANK [RABN.UL]

Issue: The Dutch cooperative bank has launched a euro
benchmark 7-year bond and is taking indications of interest now,
an official involved in the sale said.

Guidance: mid-swaps plus 62.5 basis points area, said IFR
Markets, a Thomson Reuters online news and market analysis
service.

Managing banks: Bank of America Merrill Lynch, Credit
Suisse, JP Morgan, Rabobank

Ratings: Moody’s Aaa, S&P AAA, Fitch AA+

SOCIETE GENERALE (SOGN.PA: )

Issue: The French bank plans a senior sterling-denominated
December 2015 bond, said an official at one of the banks
managing the sale.

Guidance: mid-swaps plus 85 basis points, in line with an
intial plus 85 bps area

Managing banks: Royal Bank of Scotland, SG CIB

Ratings: Moody’s Aa2, S&P A+, Fitch A+

NORDEA BANK (NDA.ST: )

Mandate: The Nordic region’s biggest bank plans a 500
million sterling fixed-rate bond maturing in December 2015, said
an official involved with the sale.

Guidance: mid-swaps plus 85 bps area

Managing banks: Barclays and HSBC

Ratings: Moody’s Aa2, S&P AA-, Fitch AA-

DEXIA MUNICIPAL AGENCY (DEXMA) (DEXI.BR: )

Issue: The arm of Dexia Group that finances the public
sector has set a size of 1 billion euros for its covered bond
due July 2015, said an official at one of the banks managing the
sale.

Guidance: mid-swaps plus 38 bps area

Managing banks: Credit Agricole, LBBW, Royal Bank of
Scotland, Societe General and Dexia

IBERCAJA [CAZAR.UL]

Issue: The Spanish savings bank plans to sell 500 million
euros of five-year mortgage-backed covered bonds, said an
officialat one of the banks managing the sale.

Guidance: mid-swaps plus 115 basis points

Managing banks: BBVA, Credit Agricole, HSBC and LBBW

MOL HUNGARIAN OIL & GAS (MOLB.BU: )

Issue: The Hungarian company plans a seven-year benchmark
euro bond, IFR reported. The issue follows an investor roadshow
in Europe.

Guidance: mid-swaps plus 320 basis points area

Managing banks: BNP Paribas, Deutsche Bank, Royal Bank of
Scotland and UniCredit

Ratings: S&P BB+, Fitch BBB-

Stock Market News

(London Corporate Finance: +44 207 542 8389)

EURO BONDS-Smiths, Deutsche Telekom, AXA, ING, Rabobank, Nordea