Reuters Group, the news and information company, has hired ABN Amro, Credit Suisse First Boston and UBS to lead manage its debut euro-denominated bond, the proceeds of which will be used to repay Reuters' outstanding debt.

Reuters is a rare borrower in the public bond markets and its only outstanding deal is a £200m (€287m) five-year bond that was launched via JP Morgan and Warburg Dillon Read (now part of UBS) in March 1999 and is due to mature in November next year.