London, Sept 2 - Retail giant Tesco plans to sell a euro bond in two benchmark-sized parts, consisting of a four-year and an eight-year tranche, an official at one of the banks managing the sale said on Tuesday.
HSBC, JP Morgan and RBS are managing the sale, which will be priced later in the session, the official said.
Tesco is rated A- by Standard & Poor's, A3 by Moody's Investors Service and A by Fitch Ratings.