PropertyEU

Klépierre issues EUR 500m bond

By A staff reporter 2012-09-11T00:00:00

French retail property specialist Klépierre has issued a EUR 500 mln bond maturing 17 September 2019. The bond was priced at a 145 bps margin above the swap rate which translates into a coupon of 2.75%, a level historically low which backs up Klépierre’s profitability outlook.

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