French media company, Vivendi S.A. (VIV.FR) plans a euro-denominated, benchmark bond to mature in five and a half years, one of the banks running the deal said Tuesday.

Guidance is set in the area of 250 basis points over midswaps.

Societe Generale SA, Barclays Plc, Natixis SA and Royal Bank of Scotland are lead managers on the issue.

Ratings are Baa2 from Moody's Investors Service Inc. and BBB by Standard & Poor's Corp.

-By Serena Ruffoni, Dow Jones Newswires; +44 (0) 207 842 9349; serena.ruffoni@dowjones.com

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