LONDON (Dow Jones)--FCE Bank PLC, a unit of Ford Motor Co.(F), is planning a EUR300 million, three-year, high-yield bond, one of the banks working on the deal said Wednesday. Initial price guidance has been set in the area of 7.5%. Credit Agricole SA, Barclays Capital, Deutsche Bank AG and Morgan Stanley are joint lead managers on the deal. FCE sold a 2014, EUR500 million, high-yield bond last November, which carried a yield of 9.5%. FCE is rated B2 by Moody's Investors Service Inc. and B by Standard & Poor's Corp. and Fitch Ratings. -By Ainsley Thomson, Dow Jones Newswires; 44 20 7842 9318; ainsley.thomson@dowjones.com (END) Dow Jones Newswires July 07, 2010 09:24 ET (13:24 GMT)