Veolia: succssful E750m bond loan issue
(CercleFinance.com) - Veolia has announced the successful issue of a 750 million euro bond loan maturing in 5 years' time.
This bond loan, maturing in January 2024 (5 years), bears a coupon of 0.892% and was issued at par.
"The quality of the order book and its substantial size (up to EUR 2 billion) gave Veolia the ability to set the transaction size at EUR 750 million and materially narrow the spread versus swap at issuance," the company said.
The proceeds of this issue will be used for the company's general funding requirements.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
This bond loan, maturing in January 2024 (5 years), bears a coupon of 0.892% and was issued at par.
"The quality of the order book and its substantial size (up to EUR 2 billion) gave Veolia the ability to set the transaction size at EUR 750 million and materially narrow the spread versus swap at issuance," the company said.
The proceeds of this issue will be used for the company's general funding requirements.
Copyright (c) 2019 CercleFinance.com. All rights reserved.