Brief: Vilmorin & Cie completes a private placement of 100 mln euros

Vilmorin & Cie SA

30/03/2017 16:40

March 30 (Reuters) - Vilmorin & Cie Sa  VILM.PA : 
    * Vilmorin & cie successfully completes a private placement 
("schuldschein") of 100 million euros ($107.25 million) 
    * Placement comprises maturities at 5, 7 and 10 years, 
combining fixed and variable rates 
    * Placement, initially planned for 75 million euros, was 
very largely oversubscribed (x 3.4) and raised to 100 million 
euros 
    * Confirms its disintermediation strategy, pursuing 
optimization of its financial resources 
 
Source text for Eikon:  ID:nGNE13xmJy  
     
Further company coverage:  VILM.PA  
 
($1 = 0.9324 euros) 
 
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