By Ben Edwards
Danish lender Danske Bank AS (DNSKY) is planning a benchmark-size, euro-denominated, three-year, senior, unsecured bond, one of the banks running the deal said Monday.
Initial price thoughts are in the area of 170 basis points over midswaps.
Bank of America Merrill Lynch, Barclays PLC, BNP Paribas SA, Danske and HSBC Holdings PLC are the lead managers of the sale.
The issuer is rated Baa1 by Moody's Investors Service Inc., A- by Standard & Poor's Corp. and A by Fitch Ratings.
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(END) Dow Jones Newswires
July 02, 2012 05:57 ET (09:57 GMT)
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