German energy giant E.On has issued four new bonds in the past month that it says have completed refinancing of a ?4.25 billion ($5.5 billion) bond falling due in May.Since the start of 2009, it says it has placed roughly ?4.8 billion ($6.2 billion) of bonds and promissory notes. These include a euro-denominated benchmark bond on Tuesday worth ?1.75 billion, maturing in five years and carrying a coupon of 4.875%. E.On says that was heavily oversubscribed, despite coming only two weeks after a ?1.5 billion eurobond, maturing in seven years with a 5.5% coupon.
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