Schneider Electric launches €750m bond
Schneider Electric, the French electrical manufacture, announced today it has launched a €750m bond expiring in 2008 to reimburse its debt maturing in 2004 including a €1bn bond maturing in April.
The bond was launched via Citigroup, Natexis and Societe Generale. It expires on October 31, 2008 and has a coupon of 3.876 pts.