Banks to Launch €1 Billion High Yield Bond Sale for Mehiläinen

A group of banks are preparing to launch a roughly €1 billion ($1.1 billion) sale of high yield bonds for Finnish health care firm Mehiläinen.

Banks including Barclays Plc, Goldman Sachs Group Inc. and Jefferies Financial Group Inc. are expected to lead the debt financing, according to people familiar with the matter who aren’t authorized to speak publicly. The bonds are due to launch around June or July, the people added.