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28 May 2012

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French Gecina diversifies funding with E500m EMTN

French REIT/SIIC Gecina has carried out a new E500m bond issue, a Euro Medium Term Note with maturity of five years, based on a spread of 168bp over the mid-swap rate and a coupon of 4.25%. The transaction was more than six times oversubscribed, reflecting the resurgence in interest among European investors, the group said

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