Brief: SIG Places EUR 450 Mln Schuldschein

SIG AG

13/05/2024 06:03

May 13 (Reuters) - SIG GROUP AG  SIGNC.S :
    * SIG SUCCESSFULLY PLACES €450 MILLION SCHULDSCHEIN
FOLLOWING
STRONG DEMAND FROM INVESTORS
    * HIGH LEVEL OF DEMAND FROM A WIDE RANGE OF INVESTORS
RESULTED IN
TRANSACTION BEING UPSIZED FROM A LAUNCH AMOUNT OF EUR 200
MILLION
    * NOTES ARE STRUCTURED IN TRANCHES WITH MATURITIES OF FOUR,
FIVE
AND SEVEN YEARS WITH BOTH FIXED AND VARIABLE INTEREST RATES AT
COMPETITIVE LEVELS
    * FUNDS ARE PART OF A PROGRAM TO REFINANCE EXISTING DEBT
FACILITIES WELL AHEAD OF THEIR SCHEDULED MATURITIES DATES.

Source text for Eikon:  ID:nEQbQgchya 
Further company coverage:  SIGNC.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))