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.
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.