France-based steel pipe- and tube-maker Vallourec SA (VK.FR) has set final guidance on its EUR650 million bond maturing in 2017 at 240 basis points over midswaps, one of the banks running the deal said Wednesday.

Final books are over EUR3 billion. The final guidance was at the tight end of an already tight guidance of 240 to 245 basis points.

BNP Paribas S.A., Credit Agricole S.A., JPMorgan Chase & Co., Natixis and Societe Generale S.A. are the lead managers of the sale, the company's first venture into the bond market.

Vallourec met with investors across Europe in November.

The issuer is rated BBB+ by Standard & Poor's Corp.

-By Serena Ruffoni, Dow Jones Newswires; +44 (0) 207 842 9349; serena.ruffoni@dowjones.com (Alessandro Pasetti contributed to this story)

Grafico Azioni Vallourec (PK) (USOTC:VLOWY)
Storico
Da Feb 2025 a Mar 2025 Clicca qui per i Grafici di Vallourec (PK)
Grafico Azioni Vallourec (PK) (USOTC:VLOWY)
Storico
Da Mar 2024 a Mar 2025 Clicca qui per i Grafici di Vallourec (PK)