Brief: Public Property Invest Places Inaugural EUR 300 Mln Bond

Public Property Invest ASA

06/12/2024 06:33

Dec 6 (Reuters) - Public Property Invest ASA  PUBLI.OL :
    * SAID ON THURSDAY SUCCESSFULLY PLACED INAUGURAL EUR 300 MLN
SENIOR UNSECURED BOND
    * 5.25-YEAR SENIOR UNSECURED FIXED RATE EUR-DENOMINATED BOND
MATURES ON MARCH 12, 2030 AND PAYS FIXED COUPON OF 4.625% 
    * OFFERING WAS SIGNIFICANTLY OVERSUBSCRIBED 
    * NET PROCEEDS WILL BE USED FOR GENERAL CORPORATE PURPOSES
AND TO
REPAY EXISTING SECURED DEBT

        
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