Capgemini: bond loan raised to 1.1 billion euros
(CercleFinance.com) - Capgemini has announced that yesterday it successfully set the terms for a 1.
1 billion euro bond issue, which includes two tranches.
The first tranche amounts to 600 million euros, due in 6 and a half years (the 2024 tranche), bearing a coupon of 1.00% (issue price 99.377%). The second tranche amounts to 500 million euros, due in 10 years (tranche 2028), bearing a coupon of 1.75% (issue price 99.755%).
Given the significant oversubscription to the offering, the bond issue, which was initially announced for 1.0 billion euros, has been increased to 1.1 billion euros.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
1 billion euro bond issue, which includes two tranches.
The first tranche amounts to 600 million euros, due in 6 and a half years (the 2024 tranche), bearing a coupon of 1.00% (issue price 99.377%). The second tranche amounts to 500 million euros, due in 10 years (tranche 2028), bearing a coupon of 1.75% (issue price 99.755%).
Given the significant oversubscription to the offering, the bond issue, which was initially announced for 1.0 billion euros, has been increased to 1.1 billion euros.
Copyright (c) 2018 CercleFinance.com. All rights reserved.