Brief: Bel Group Issues Private Bond For 150 Million Dollars

Unibel SA

26/06/2020 17:41

June 26 (Reuters) - Unibel SA  CBQP.PA :
    * THE BEL GROUP ISSUES A NEW FUNDING FOR 150 MILLION DOLLARS
UNDER
THE USPP FORMAT UNDER FRENCH LAW
    * INVESTMENT SHOWS A 3% COUPON
    * SUCCESSFULLY PUT IN PLACE ITS FIRST USPP PRIVATE BOND
ISSUE
UNDER FRENCH LAW OF $150 MILLION DUE NOVEMBER 2035 (15 YEARS)
WITH INSTITUTIONAL INVESTORS
    * FUNDING DATE IS SCHEDULED FOR NOVEMBER 30, 2020
    * CRÉDIT AGRICOLE CIB (LEAD PLACEMENT AGENT), SOCIÉTÉ
GENERAL AND
RABOBANK ACTED AS JOINT-PLACEMENT AGENTS ON TRANSACTION
    * OBJECTIVE OF THIS TRANSACTION IS TO OPTIMIZE GROUP'S
FINANCIAL
STRUCTURE

Source text for Eikon:  ID:nGNE66QQps 
Further company coverage:  CBQP.PA 

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