Engie: issues E500m of hybrid bonds
(CercleFinance.com) - On 27 June, Engie issued subordinated 500 million euros of perpetual subordinated bonds with a first call date after 6 years
The final order book was oversubscribed to more than twice.
The group will pay a coupon of 1.625% p.a. on these securities, which is amongst the lowest ever seen for this type of financial instrument.
In 2019, Engie has placed hybrid bonds totaling 1.5 billion euros.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The final order book was oversubscribed to more than twice.
The group will pay a coupon of 1.625% p.a. on these securities, which is amongst the lowest ever seen for this type of financial instrument.
In 2019, Engie has placed hybrid bonds totaling 1.5 billion euros.
Copyright (c) 2019 CercleFinance.com. All rights reserved.