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Legrand appears headed to eurobond market with 600-750 million euros in September
By Paul A. Harris
St. Louis, Mo., Aug. 22 - Legrand, SA appears to be headed to the eurobond market with an offering in the range of €600-€750 million via Credit Suisse First Boston, Lehman Brothers and RBS, according to market sources.
One source said that Legrand is possible September business.
Proceeds will be used to fund the leveraged buyout of the company by Kohlberg Kravis Roberts & Co. LP and Wendel Investissement.
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