Eurofins: redeems 300 million euro Eurobond
(CercleFinance.com) - Eurofins Scientific announces that it will repay its 3.
125% eurobond issued in November 2013, for 300 million euros, from available liquidity as planned. As a result, the Group's average cost on senior debt will now be below 2%.
The bio-analytics service provider also confirms its targets - both for 2018 and over the medium term - and believes that "management is confident that these objectives are achievable, including the annual 5% organic growth objective."
Copyright (c) 2018 CercleFinance.com. All rights reserved.
125% eurobond issued in November 2013, for 300 million euros, from available liquidity as planned. As a result, the Group's average cost on senior debt will now be below 2%.
The bio-analytics service provider also confirms its targets - both for 2018 and over the medium term - and believes that "management is confident that these objectives are achievable, including the annual 5% organic growth objective."
Copyright (c) 2018 CercleFinance.com. All rights reserved.