UPDATE 1-Man AG launches 300 million euro bond

Newswire

(Adds details, background) LONDON, Nov 27 (Reuters) - German trucks and engineering group MAN AG launched a 300 million euro seven-year bond on Thursday, lead managers for the deal said. The deal pays a coupon of 5.375 percent and was priced to yield of 125 basis points over the swaps curve, the banks said. That is the lower end of the 125 to 145 basis point range indicated earlier. Hypovereinsbank and Deutsche Bank are managing the sale, which is smaller than some in the market had ...

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