UPDATE 2-Porsche sells 2 bln euros of bonds

Newswire

(adds company comment, updates after sale) By Christiaan Hetzner and Quentin Webb FRANKFURT/LONDON, Jan 23 (Reuters) - German sports car maker Porsche sold 2 billion euros of 5- and 10-year bonds on Monday, the banks managing the deal said, to help restore its financial flexibility after it bought a major stake in peer Volkswagen. The deal, comprising two parts of 1 billion euros, follows the high-end car maker's 3 billion-euro ($3.63 billion) purchase of an 18.5 percent voting stake ...

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