EssilorLuxottica: bond placement completed

(CercleFinance.com) - EssilorLuxottica announces that it has placed a bond issue totaling E2bn, with maturities of 4.
5 years and 7.5 years, with coupons of 2.875% and 3.00% respectively, giving an average rate of 2.99% after risk hedging.

The order book reached almost five billion euros, attracting top-tier institutional investors and demonstrating a high level of confidence in EssilorLuxottica's business model and credit profile.

This issue will enable the Franco-Italian optical giant to finance its general corporate needs. The bonds will be listed on Euronext Paris on the settlement date, scheduled for 5 September.


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