Continental plans high yield bond this week-sources

Newswire

* Volume of 500 million to 1 billion euros -sources * Coupon likely to be below 8 pct -sources * Bond to help lengthen maturity profile of debt -sources FRANKFURT, Aug 31 (Reuters) - German auto parts supplier Continental AG plans to issue a bond in the next few days with a volume of 500 million euros to 1 billion euros ($630 million to $1.26 billion) to help refinance its debt pile, three financial sources told Reuters. The coupon is likely to be below 8 pct, the sources said. A ...

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