(Reuters) - Fortis said the notes represented senior unsecured
obligations of the issuers -- various parts of Fortis -- and
that it expected them to carry a coupon of three-month EURIBOR
+15 to 20 basis points payable quarterly in arrears.
The notes must be exchanged into mandatory convertible
securities after completion of a preferential rights issue to
existing holders of Fortis shares.
Read more at Reuters.com Bonds News
obligations of the issuers -- various parts of Fortis -- and
that it expected them to carry a coupon of three-month EURIBOR
+15 to 20 basis points payable quarterly in arrears.
The notes must be exchanged into mandatory convertible
securities after completion of a preferential rights issue to
existing holders of Fortis shares.
Read more at Reuters.com Bonds News
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