Vivendi: makes successful bond issue.
(CercleFinance.com) - Vivendi announced after the markets closed on Monday having successfully completed the placement of a bond issue of 850 million euros, taking advantage of favourable market conditions.
Denominated in euros, this loan offers a fixed return. Over a period of 7 years, it will pay a coupon of 0.875% and was issued at a price of 99.367%, representing a return of 0.969%.
With an average maturity of 5.3 years, it was oversubscribed to by nearly 3 times and was placed with institutional investors.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
Denominated in euros, this loan offers a fixed return. Over a period of 7 years, it will pay a coupon of 0.875% and was issued at a price of 99.367%, representing a return of 0.969%.
With an average maturity of 5.3 years, it was oversubscribed to by nearly 3 times and was placed with institutional investors.
Copyright (c) 2017 CercleFinance.com. All rights reserved.