Schaeffler to issue bond worth at least 200 mln eur

Newswire

FRANKFURT, June 28 (Reuters) - German unlisted auto parts supplier Schaeffler said on Thursday it will issue a 5-year bond worth at least 200 million euros ($249 million) to retail and institutional investors. The final pricing of the bond will follow after an investor roadshow is completed, it added. Schaeffler, the largest shareholder in Contintal AG , said it would also give its German employees a chance to buy the bonds. ($1 = 0.8028 euros) (Reporting By Edward Taylor)

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