Unibail-Rodamco SE announces that it has successfully issued a six-year bond maturing August 1, 2018 for a total amount of 750 million.
The bond will offer a fixed coupon of 2.25%. The issuance was four times oversubscribed, the order book reaching over 3 billion in less than one hour and a half.
This issuance confirms the confidence of bond investors in Unibail-Rodamco's credit profile.
The net proceeds from the bond will strengthen the liquidity of the Group.
Unibail-Rodamco is rated A (stable outlook) by Standard & Poor's and FitchRatings.