Shell launches US$10bn five-part bond

(Adds launch sizes)

By Natalie Harrison

NEW YORK, May 6 (IFR) - Oil major Shell (LSE: RDSB.L - news) , rated Aa1 by

Moody's and AA by S&P, has launched a US$10bn bond five-part

bond, its first dollar denominated bond deal since 2013.

The bonds, guaranteed by Royal Dutch Shell (Xetra: R6C1.DE - news) , will price later

in the day via bookrunners Barclays (LSE: BARC.L - news) , HSBC and Morgan Stanley (Xetra: 885836 - news) ,

and follows recent quarterly results.

Proceeds will be used for general corporate purposes.

Tranche details follow:

TRANCHE IPTS GUIDANCE LAUNCH SIZE (US$)

5-yr fixed T+75bp area T+60bp (#) T+60bp 2bn

5-yr FRN Libor equiv Libor equiv L+45bp 750m

10-yr fixed T+110-115bp T+105bp (#) T+105bp 2.75bn

20-yr fixed T+125-130bp T+120bp(#) T+120bp 1.5bn

30-yr fixed T+145-150bp T+140bp(#) T+140bp 3bn

(Reporting by IFR; Editing by Natalie Harrison and Shankar

Ramakrishnan)