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Colgate-Palmolive talks five-, 10-year notes for Wednesday pricing
By Aleesia Forni
Virginia Beach, Feb. 26 - Colgate-Palmolive Co. is talking an offering of five- and 10-year notes (Aa3/AA-/AA-) for pricing in Wednesday's session, according to a market source.
There will be five-year notes, with guidance in the low Treasuries plus 40 basis points area, along with 10-year notes talked in the high 70 bps area, the source said.
Bookrunners are Goldman Sachs & Co. Inc., Wells Fargo Securities LLC and Citigroup Global Markets Inc.
Colgate-Palmolive is a New York City-based consumer products company.
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