Schneider: E1.5bn bond issue
(CercleFinance.com) - On 27 August 2024, Schneider Electric launched a E1.
5bn bond issue under the EMTN (Euro Medium Term Note) program.
The issue is in two tranches, with maturities of 6 years and a fixed coupon of 3%, and 12 years and a fixed coupon of 3.375%.
This transaction enables the group to extend the average maturity of its debt and increase its liquidity.
Copyright (c) 2024 CercleFinance.com. All rights reserved.