Brief: Kion Group Places EUR 500 Million Bond

Kion AG

14/11/2024 10:01

Nov 14 (Reuters) - KION GROUP AG  KGX.DE :
    * PLACES €500 MILLION BOND
    * BOND MATURING IN NOVEMBER 2029 ISSUED AT 99.46% WITH 4.0%
COUPON
    * PROCEEDS TO BE USED TO REFINANCE EXISTING LIABILITIES WITH
MATURITIES PRIMARILY DUE IN 2025
    * BOND OFFERED TO INSTITUTIONAL AND RETAIL INVESTORS
    * PROCEEDS TO REFINANCE LIABILITIES DUE IN 2025
    * TERM OF FIVE YEARS, COUPON OF 4.0 PER CENT

Source text:  ID:nEQ9sBgRPa 
Further company coverage:  KGX.DE 

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