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Reuters: Shell Intl Finance plans long 3-yr dlr bond -lead

Mon Nov 6, 2006 3:16am ET

LONDON, Nov 6 (Reuters) – Shell International Finance BV, guaranteed by oil company Royal Dutch Shell (RDSa.L: Quote, Profile, Research), plans to sell a long 3-year dollar bond, an official at one of the banks managing the sale said on Monday.

The deal, which has a maturity date of January 2010, will be launched and priced early this week, he said.

The bond is expected to yield 31 to 33 basis points over U.S. Treasuries, he said. Morgan Stanley and UBS are joint lead managers.

Shell International Finance is rated Aa1 by Moody’s Investors Service and AA by Standard & Poor’s.

© Reuters 2006. All Rights Reserved.

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