Fresenius Places Bonds With a Volume of EUR1 Billion
22 November 2022 - 5:47PM
Dow Jones News
By Maitane Sardon
Fresenius SE & Co. said it has successfully placed bonds
with an aggregate volume of 1 billion euros ($1.02 billion) on the
market.
The German healthcare company said it has placed the debt
product, whose proceeds will be used for general corporate
purposes, across two tranches: EUR500 million bonds with a May 2026
maturity and an annual coupon of 4.25% and EUR500 million bonds
with a November 2029 maturity and an annual coupon of 5.00%.
Fresenius has applied to the Luxembourg Stock Exchange to admit
the bonds to trading and it anticipates the settlement date will be
November 28, it said late on Monday.
Write to Maitane Sardon at maitane.sardon@wsj.com
(END) Dow Jones Newswires
November 22, 2022 01:32 ET (06:32 GMT)
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