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General

Iliad raises EUR 1.15 bln through bond issues

Thursday 19 April 2018 | 09:48 CET | News
Iliad announced that it has successfully placed two bonds for a total amount of EUR 1.15 billion, namely a 3.5-year, EUR 500 million bond with a coupon of 0.625 percent and a 7-year, EUR 650 million bond with a coupon of 1.875 percent. The company said that the proceeds from the issues, which were largely over-subscribed, will be used to strengthen its liquidity and extend the maturity of its debt, while reducing the average cost of borrowing.

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Categories: General
Companies: Iliad
Countries: France
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