The SEC-registered deal consists of a dollar tranche, a euro tranche and a yen tranche. Each tranche is being run by a different syndicate, with Merrill Lynch acting as the global coordinator.
The dollar-denominated tranche is led by JPMorgan and Merrill Lynch. Deutsche Bank, Merrill Lynch and Mitsubishi UFJ Securities are leading the euro tranche, while Merrill Lynch, Mitsubishi UFJ Securities and Nomura are running the yen tranche.
The deal is expected to be rated Baa2BBB.
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