Carrefour: bond placement largely oversubscribed to
(CercleFinance.com) - Carrefour says that it has issued a senior bond of 500 million euros maturing in eight years, a placement that has been oversubscribed to several times by investors, with a total demand of more than 1.
8 billion euros from over 200 orders from investors.
This new bond bears an annual coupon of 1% for an issue price of 99.534%. The success of this transaction reflects the high level of confidence that investors have in the credit quality of the Carrefour Group, the food retailer commented.
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8 billion euros from over 200 orders from investors.
This new bond bears an annual coupon of 1% for an issue price of 99.534%. The success of this transaction reflects the high level of confidence that investors have in the credit quality of the Carrefour Group, the food retailer commented.
Copyright (c) 2019 CercleFinance.com. All rights reserved.