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Suez: E850m bond issue

(CercleFinance.com) - The utilities group Suez has announced that it has completed the placement of a bond loan totalling 850 million maturing in seven years (maturity on 2 April 2027), bearing a fixed annual coupon of 1.
25%.

The cost of this issue can be compared with an average 3.95% cost of its debt in 2019. The amount raised equals all the long-term debt repayments that are due by Suez over the next 24 months.


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