Frauenthal debut euro bond seen swaps +80-85 bps -source

Newswire

LONDON, June 16 (Reuters) - Frauenthal Holding AG , an Austrian supplier of truck components, plans to sell a 70 million euro 7-year bond at swaps plus 80-85 basis points in its debut offering, said a source with knowledge of the deal on Thursday.

Bank Austria Creditanstalt and Raiffeisen Zentralbank Osterreich will manage the sale, which will be targeted at the Austrian market.

Launch will follow investor presentations in Vienna, the banks said.

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