Verallia: placement of new senior bonds
The issue was more than three times oversubscribed, with over 120 investors allocated. The net proceeds will be used primarily to refinance part of the group's existing financial indebtedness, as well as for general corporate purposes.
This transaction, Verallia's first bond issue since its Investment Grade ratings by Moody's and S&P, enables it to further diversify its sources of financing and extend the maturity profile of its debt.
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