UPDATE 1-NEW ISSUE-Renault launches 5-yr Samurai at 0.98 pct

Newswire

(Adds table) TOKYO, Dec 1 (Reuters) - French car maker Renault launched 25 billion yen ($242.8 million) of five-year Samurai bonds at 0.98 percent on Wednesday, lead manager Nikko Citigroup Securities said. The bonds are priced at par. Samurai bonds are yen-denominated bonds issued in Japan by a foreign entity. The details are as follows. Issue amount 25 billion yen Coupon rate 0.98 percent Issue price par Maturity date Dec. 15, 2009 Coupon payments June 15, Dec. 15 Subscription date ...

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