Accueil > Actualité
Actualite financiere : Actualite bourse

Pernod Ricard: investors hugely oversubscribe to bond issue

( - Pernod Ricard has announced that it has successfully placed a euro-denominated bond issue with qualified investors.
Totaling 1.5 billion euros the issue is in three tranches of 4, 8 and 12 years.

The group will apply to Euronext Paris for the securities to be listed.

"The transaction was well received by the market, with a total orderbook of E10.3bn for a total issue size of E1.5bn, resulting in an over subscription ratio of approximately 7 times," the wines and spirits group said.

The coupons paid are the lowest ever seen in its bond issues, including a coupon of 0% for a maturity of 4 years. The overall conditions of the issue enable the group to obtain funding at an average coupon of 0.46%, over a period of up to 12 years.

Copyright (c) 2019 All rights reserved.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.