Volvo prices 1.0 bln euro 10-yr bond -lead


LONDON, May 23 (Reuters) - Volvo Treasury, guaranteed by Volvo AB , the world's number two truck maker, on Wednesday priced a 1 billion euro 10-year bond, one of the banks managing the sale said. The bond was priced at 99.423 with a coupon of 5 percent, giving a spread of 45 basis points over mid-swaps, the bank said, at the low end of guidance of "high 40s" basis points over, suggesting good demand for the paper. The spread equates to 70.9 basis points over the January 2017 Bund . BNP ...

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