Elis announces that it has placed a €400 million principal amount of senior unsecured bonds under its EMTN (Euro Medium Term Notes) program, with a six-year maturity and a fixed annual coupon of 3.75%.

The reception given to this issue, with an order book of more than 2.8 billion euros, representing an oversubscription rate of more than seven times, "demonstrates the reinforced confidence of investors", according to the industrial laundry group.

Elis specifies that the net proceeds of this issue will essentially be used to refinance the bond issue with a principal amount of 500 million euros, maturing on April 3, 2025.

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