Brief: Proximus Successfully Issues EUR 700 Million Bond

Proximus NV

20/03/2024 17:34

March 20 (Reuters) - Proximus NV  PROX.BR :
    * SUCCESSFULLY ISSUES EUR 700 MILLION BOND
    * BONDS CARRY A COUPON OF 3.75% AND HAVE A 10-YEAR MATURITY
DUE 27
MARCH 2034
    * ISSUANCE WAS WELL RECEIVED WITH AN ORDER BOOK IN EXCESS OF
EUR
1.6 BILLION
    * PROCEEDS WILL BE USED FOR GENERAL CORPORATE PURPOSES AND
WILL
COVER FINANCING NEEDS RELATED TO UPCOMING CLOSING OF TRANSACTION
WITH ROUTE MOBILE
    * BARCLAYS, BNP PARIBAS, BRED BANQUE POPULAIRE, COMMERZBANK,
KBC
BANK AND MORGAN STANLEY ACTED AS JOINT BOOKRUNNERS FOR THIS
TRANSACTION

Source text for Eikon:  ID:nNDL9YVGFR 
Further company coverage:  PROX.BR 

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