Renesas sets talk for notes due 2024, green notes due 2026

By Marisa Wong and Cristal Cody

Los Angeles, Nov. 18 – Renesas Electronics Corp. plans to price senior green notes due 2024 (BBB-/BBB-) and senior notes due 2026 (BBB-/BBB-), according to a market source.

The 2024 green notes are talked in the Treasuries plus 90 basis points area, and the 2026 notes are talked in the Treasuries plus 115 bps area.

BofA Securities, Morgan Stanley and Mizuho Securities are bookrunners for the Rule 144A and Regulation S offering.

The semiconductor manufacturing company is based in Tokyo.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.