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Renault plans benchmark euro bond in near future

LONDON, Jan 21 (Reuters) - France's Renault Credit International S.A. Banque (RCI Banque) plans to launch a benchmark euro-denominated bond in the near future, lead managers Deutsche Bank, HSBC and WestLB said on Tuesday.

RCI Banque, a 100 percent subsidiary of Compagnie Financiere Renault S.A which is in turn is 100 percent owned by Renault S.A., is rated Baa1 by Moody's Investors Service and BBB+ by both Standard & Poor's credit ratings agency and Fitch Ratings.