Unibail-Rodamco announces the successful placement of €1.0bn of bonds

unibail rodamco

Unibail-Rodamco took advantage of improving market conditions to issue two new bonds:

  • A €500m bond with a 12-year maturity and a 1.5% fixed coupon;
  • A €500m bond with a 20-year maturity and a 2.0% fixed coupon.

The total demand for these 2 bonds reached €2.7bn.

 

The net proceeds from the bonds will be used for general corporate purposes and will further extend Unibail-Rodamco's debt maturity profile.

 

Unibail-Rodamco is rated A (stable outlook) by Standard & Poor's and Fitch Ratings.

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