Brief: CTP: Successful Placement Of EUR 750 Million Green Bond, EUR 250 Million Tender Offer

CTP NV

06/02/2024 06:18

Feb 6 (Reuters) - CTP NV  CTPNV.AS :
    * CTP ANNOUNCES THE SUCCESSFUL PLACEMENT OF A €750 MILLION
GREEN
BOND AND €250 MILLION TENDER OFFER
    * EUR 750 MILLION GREEN BOND WITH A 6-YEAR MATURITY AND A
4.750%
FIXED COUPON 
    * THE ISSUANCE, WHICH MARKED CTP’S RETURN TO THE EURO BOND
MARKET,
SAW STRONG DEMAND FROM INVESTORS AND ACHIEVED AN
OVERSUBSCRIPTION OF 5.5 TIMES AND AN ORDER BOOK OF MORE THAN EUR
4.1 BILLION AT ITS PEAK
    * THE PROCEEDS FROM THIS ISSUANCE WILL BE USED FOR GENERAL
CORPORATE PURPOSES INCLUDING FINANCING OF DEVELOPMENTS AND THE
CONCURRENT TENDER OFFER THAT WAS LAUNCHED

Source text for Eikon:  ID:nBw95s8LCa 
Further company coverage:  CTPNV.AS 

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