BONDS: Wesfarmers Closes Euro Debut
Australian diversified group Wesfarmers, rated Baa1/BBB+ (Moody’s/S&P), overnight priced its inaugural euro benchmark in the shape of a €500m (US$685.2m) 3.875% due July 10 2015 issue, via BNP Paribas, Deutsche Bank, RBS and SG CIB.
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