NEW YORK - Shell International Finance BV on Tuesday launched its $5.0 billion four-part note sale, said IFR, a Thomson Reuters service.
The offering includes $500 million in two-year floating-rate notes with an expected coupon rate of 3 basis points over the three-month London Interbank Offered Rate and $1.5 billion in two-year notes expected to yield 37.5 basis points over comparable U.S. Treasuries.
It also includes $1.0 billion in six-year and $2 billion in 10-year notes both expected to yield 90 basis points over Treasuries.
The notes are guaranteed by Royal Dutch Shell Plc (RDSa.L).
The joint lead managers on the offering are Banc of America Merrill Lynch, Deutsche Bank and Morgan Stanley. (Reporting by Caryn Trokie; Editing by James Dalgleish)