French toll road company Societe des Autoroutes Paris-Rhin-Rhone (ARR.FR), also known as APRR, set final price guidance on its EUR500 million six-year bond at 240 basis points over midswaps, one of the banks leading the sale said Thursday.

The pricing is on the tight side of and already tightened guidance of between 340 and 345 basis points over midswaps.

Books on the issue approached EUR3.7 billion, one of the banks on the deal said.

Credit Agricole SA, BBVA, Lloyds Banking Group, Mitsubishi Banking Group, Natixis, Banco Santander SA, Societe Generale SA and Royal Bank of Canada are lead managers on the deal.

The bond is rated Baa3 by 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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