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Bloomberg: Royal Dutch Shell to Sell 5-, 10-Year Notes as Soon as Today

By Bryan Keogh

March 19 (Bloomberg) — Royal Dutch Shell Plc, Europe’s biggest oil producer, plans to sell five- and 10-year notes, according to three people familiar with the offering.

The benchmark notes may be sold as soon as today, according to the people, who declined to be identified because terms haven’t been set. Investors typically consider a benchmark sale to be at least $500 million.

Shell, based in The Hague, is rated Aa1 by Moody’s Investors Service and AA by Standard & Poor’s, both investment grade.

To contact the reporter on this story: Bryan Keogh in New York at [email protected]
Last Updated: March 19, 2007 09:19 EDT

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