May 14 (Reuters) - Prysmian SpA PRY.MI:
APPROVES POTENTIAL ISSUANCE OF PERPETUAL SUBORDINATED BOND FOR UP TO EUR 1 BILLION
BOND TO BE LISTED ON LUXEMBOURG STOCK EXCHANGE
ISSUANCE TO BE TARGETED AT INSTITUTIONAL INVESTORS IN ITALY, ABROAD EXCLUDING U.S.
INTENDS TO USE NET PROCEEDS OF ISSUANCE FOR ACQUISITION OF CHANNELL COMMERCIAL CORPORATION