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Shell launches $2.75 bln debt sale – IFR

Reuters

Mon Dec 8, 2008 11:56am EST

NEW YORK, Dec 8 (Reuters) – Shell International Finance, part of Royal Dutch Shell Plc (RDSa.L: QuoteProfile,ResearchStock Buzz), on Monday launched a $2.75 billion sale of 30-year notes, according to IFR.

The bonds are expected to price at around 325 basis points over comparable U.S. Treasuries, said IFR, a Thomson Reuters service. Barclays and Merrill Lynch are joint bookrunners on the deal.

(Reporting by Karen Brettell; Editing by James Dalgleish)

 

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