Legrand: E500m bond issue

(CercleFinance.com) - Legrand announces that it has completed a fixed-rate bond issue for E500m with a 10-year maturity and an annual coupon of 3.
625%, an issue that was almost three times oversubscribed to at closing.

The supplier of electrical infrastructure for the building industry points out that the transaction brings the average maturity of its bonded debt to 5.7 years, with the next redemption date, in the amount of 400 million euros, set for 6 March 2026.


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