Brief: Vopak: New Debt Issuance Of Around EUR 560 Million

Koninklijke Vopak NV

11/04/2025 06:05

April 11 (Reuters) - Koninklijke Vopak NV VOPA.AS:

REG- VOPAK SIGNS AGREEMENTS FOR A NEW DEBT ISSUANCE OF AROUND EUR 560 MILLION EQUIVALENT

FUNDING TO TAKE PLACE IN JUNE 2025

NOTES PROGRAM WITH MATURITIES RANGING FROM 5 TO 11 YEARS

EUR NOTES OF 260 MILLION WITH 4.2% AVERAGE INTEREST RATE

USD NOTES OF 325 MILLION WITH 5.7% AVERAGE INTEREST RATE

PROCEEDS OF THIS USPP TO BE MAINLY USED TO REFINANCE OUTSTANDING AND/OR MATURING DEBT IN 2025

PROCEEDS TO REFINANCE OUTSTANDING AND MATURING DEBT IN 2025

SUCCESSFUL DEBT ISSUANCE, ATTRACTING MORE THAN 9X OVERSUBSCRIPTION - CFO

Source text: ID:nGNE6lpV39

Further company coverage: VOPA.AS

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