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Reuters: Shell Int’l Finance sells $1.25 bln in notes-lead

Mon Mar 19, 2007 5:18pm ET

NEW YORK, March 19 (Reuters) – Shell International Finance B.V., a unit of Royal Dutch Shell (RDSa.L: Quote, Profile , Research) (RDSa.AS: Quote, Profile , Research), on Monday sold $1.25 billion of notes in two parts, joint lead manager Goldman Sachs said.

The sale included $500 million of 4.95 percent five-year notes priced at 99.908 to yield 4.97 percent or 0.48 percentage point more than comparable U.S. Treasuries.

Also included were $750 million of 5.20 percent 10-year notes priced at 99.669 to yield 5.243 percent or 0.68 percentage point over Treasuries.

Morgan Stanley Securities was the other joint lead manager of the sale.

© Reuters 2007. All Rights Reserved.

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