Brief: FDJ Announces Bond Issue For EUR 1.5 Bln To Refinance Kindred's Acquisition

FDJ United

18/11/2024 06:48

Nov 18 (Reuters) - La Francaise des Jeux SA  FDJ.PA :
    * FDJ ANNOUNCES SUCCESSFUL PLACEMENT OF ITS INAUGURAL BOND
ISSUE
FOR EUR 1.5 BLN TO REFINANCE KINDRED'S ACQUISITION
    * EUR 500 MLN BONDS MATURING 2036 WITH 3.625% COUPON
    * EUR 500 MLN OF BONDS MATURING ON 21 NOVEMBER 2033, WITH AN
ANNUAL COUPON OF 3.375%
    * FINALISES EUR 400 MLN SYNDICATED LOAN TO BE REPAID OVER 5
YEARS
    * EUR 500 MLN BONDS MATURING 2030 WITH 3.000% COUPON
    * PROCEEDS TO REFINANCE EUR 2 BLN CREDIT LINE FOR KINDRED
ACQUISITION

Source text: tinyurl.com/bddm3w5n
Further company coverage:  FDJ.PA 

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