News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Junk-rated Vivendi tries for a €500m bond

Vivendi Universal, the Franco-US media group ranked as junk status by Moody's, the credit rating agency, is trying to raise around €500m from a bond issue.

A spokesman for Vivendi Universal in Paris confirmed that the group had hired Bank of America and JP Morgan to run the deal. However, he delcined to detail the expected size and maturity of the issue.

WSJ Logo