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General

u-blox places CHF 60 mln worth of bonds

Wednesday 22 March 2017 | 09:57 CET | News
Swiss wireless modules maker u-blox has placed a CHF 60 million offering of 1.375 percent, six-year bonds. The issue will mature on 18 April 2023. U-blox will use the net proceeds to increase its financial flexibility, with the rest going for general corporate purposes.

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Categories: General
Companies: Credit Suisse / U-blox
Countries: Switzerland
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