Euronext: successful bond issue
(CercleFinance.com) - Euronext has announced that it has successfully completed a three-tranche senior bond issue totaling 1.
8 billion euros, which will be admitted to trading on the Euronext Dublin regulated market from 17 May.
The final order book was approximately 5 billion euros, representing an oversubscription ratio of over 2.7 times, thereby illustrating a high level of confidence amongst investors in Euronext's growth ambitions, strategy and strong credit profile.
The offering will enable Euronext to extend its maturity profile and further diversify its debt investor base. The net proceeds of the issue will be used to partially refinance the acquisition of Borsa Italiana, which was completed on 29 April.
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