Unibail-Rodamco SE announces that it has successfully issued a seven-year bond maturing March 22, 2019 for a total amount of 750 million.
The bond will offer a coupon of 3.00%. The issuance was 4.7 times oversubscribed, the order book reaching over 3.5 billion.
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.