URW successfully priced a €750 Mn senior bond offering with a 12-year maturity and a 2.0% fixed coupon. The offering attracted strong demand with the order book exceeding €1.6 Bn.
The net proceeds from this issuance will be used for general corporate purposes, including the refinancing of debt maturing in 2020 and extending the Group’s debt maturity.
The Group will have €12.7 Bn in cash on hand and undrawn credit lines upon closing of the senior bond offering.
Enjoy ACROSS – The European Placemaking Magazine on your desktop, tablet, or smartphone.
By entering my e-mail address and clicking the “Subscribe” button, I declare my consent to ACROSS Medien – und Verlags GmbH to send me information on a regular basis about expert opinions, current trends, latest news, and industry events by e-mail. Being aware that I can revoke my consent to ACROSS Medien- und Verlags GmbH at any time. Privacy Policy
ACROSS Medien und Verlags GmbH
1010 Vienna, Austria
Ebendorferstraße 3|10
Phone:+43 1 533 32 60-0
E-Mail: office@across-magazine.com
For detailed information about ACROSS, the international and independent trade medium for placemaking in Europe please visit:
Media Presentation and Rates
© ACROSS Medien und Verlags GmbH, All rights reserved
