Danone Launches EUR1.5 Billion Triple-tranche Bond Issue

Danone (BN.PA) issued a 1.5 billion-euro bond in three tranches to improve funding flexibility and extend the maturity of its debt, according to a Monday release.

The offering includes three tranches of 500 million euros each, with the first 18-month tranche carrying a floating coupon of three-month Euribor + 0.30% and the second and third tranches carrying coupons of 4.0910% and 4.4180% and maturities of five and nine years, respectively.

The French food products company expects to settle the offer on Sept. 28. The bonds will be listed on Euronext Paris.

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Treasury1d ago

Shanghai Rural Commercial Bank Issues 4 Billion Yuan Worth of Bonds

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SHA:601825

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China Minsheng Banking Issues 10 Billion Yuan Bond

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HKG:1988SHA:600016

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Bank of Beijing Raises 30 Billion Yuan Via Bond Issue

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SHA:601169