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Prospect News home > News index > List of issuers S > Headlines for Schneider Electric SA > News item
Published on 6/30/2011 in the Prospect News Private Placement Daily.

New Issue: Schneider Electric of France completes $300 million private placement

By Lisa Kerner

Charlotte, N.C., June 30 - Schneider Electric SA announced it closed a $300 million private placement under its euro medium-term note program that has a floating coupon of Libor plus 49 basis points and matures in July 2014.

The issuer is an energy management company based in Rueil-Malmaison, France.

Issuer:Schneider Electric SA
Issue:Medium-term notes
Amount:$300 million
Maturity:July 2014
Coupon:Libor plus 49 bps
Settlement date:June 30
Distribution:Private placement

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