Brief: NV Bekaert To Issue 7-Year Bonds Up To EUR 200 Million

NV Bekaert SA

07/10/2020 07:09

Oct 7 (Reuters) - NV Bekaert SA  BEKB.BR :
    * NV BEKAERT SA TO ISSUE 7-YEAR BONDS UP TO EUR 200 MILLION
    * SUBSCRIPTION PERIOD FROM FRIDAY 9 OCTOBER 2020 UNTIL FRIDAY 16 OCTOBER 2020
    * ANNUAL COUPON 2.75% (GROSS) PAID ANNUALLY ON 23 OCTOBER
    * BONDS WILL BE LISTED ON REGULATED MARKET OF EURONEXT BRUSSELS
    * ISSUE PRICE 101.875% (INCLUDING A COMMISSION OF 1.875% TO BE BORNE BY RETAIL INVESTORS)
    * GROSS ACTUARIAL YIELD AT ISSUE PRICE 2.455% (ASSUMING THAT BONDS WILL BE HELD UNTIL
MATURITY
DATE)

Source text: https://bit.ly/3liXRxu
Further company coverage:  BEKB.BR 

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