Porsche to sell 2 bln euros of bonds -banker

Newswire

LONDON, Jan 23 (Reuters) - German sports car maker Porsche plans to sell 2 billion euros of 5- and 10-year bonds later on Monday, a banker familiar with the deal said on Monday. The deal, comprising two parts of 1 billion euros, follows the sale by Porsche of a $1 billion hybrid bond on Thursday, and follow the high-end car maker's 3 billion euro ($3.63 billion) purchase of an 18.5 percent stake in peer Volkswagen . Porsche will price the 5-year euro bond to yield 28 basis points over ...

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