Babcock International Group PLC - London-based aerospace, defence and nuclear engineering - Announces the issue of GBP250 million of five-year bonds carrying fixed coupon of 5.125%, the group's first bond issue for seven years, to refinance the GBP300 million bond maturing in October. "Babcock's strong proposition, fundamentals and balance sheet, combined with leading market positioning in defence and nuclear, has led to a high level of demand, allowing us to price on attractive terms," it says.