Ipsen: E500m bond issue
(CercleFinance.com) - Ipsen announces the success of its inaugural rated bond issue of E500m, with a coupon of 3.
875%, maturing in March 2032, with a significant oversubscription by a solid and diversified institutional investor base.
This transaction, launched shortly after S&P and Moody's awarded the company investment grade credit ratings (BBB- by S&P and Baa3 by Moody's), is an important component of the pharmaceutical company's refinancing plan.
This issue will further support our ambition to generate solid, sustainable growth, underpinned by our portfolio of products in development and external innovation, management said.
Copyright (c) 2025 CercleFinance.com. All rights reserved.