Brief: CTP Places EUR 500 Mln Green Bond And EUR 200 Mln Tender Offer

CTP NV

22/11/2024 17:25

Nov 22 (Reuters) - CTP NV  CTPNV.AS :
    * CTP ANNOUNCES THE SUCCESSFUL PLACEMENT OF A €500 MILLION
GREEN
BOND AND €200 MILLION TENDER OFFER
    * PLACES €500 MILLION GREEN BOND WITH 8-YEAR MATURITY AND
3.875%
COUPON
    * TENDER OFFER SETTLEMENT EXPECTED ON 25 NOVEMBER 2024
    * PROCEEDS TO BE USED FOR TENDER OFFER AND GENERAL CORPORATE
PURPOSES
    * ISSUANCE SAW STRONG DEMAND FROM INVESTORS AND ACHIEVED AN
OVERSUBSCRIPTION OF 5.5 TIMES
    * TO REPURCHASE BONDS WITH NOMINAL AMOUNT OF €200 MILLION
    * TO BOOK CAPITAL GAIN OF €5.8 MILLION FROM TENDER OFFER
    * OVERSUBSCRIBED WITH ORDER BOOK OVER €2.8 BILLION

Source text:  ID:nBw5CrTsda 
Further company coverage:  CTPNV.AS 

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