Unibail-Rodamco, the largest European listed property group, has carried out the latest of a series of bond issues in recent years.
Unibail-Rodamco, the largest European listed property group, has carried out the latest of a series of bond issues in recent years.
The €500 mln bond, maturing in October 2018, offers a fixed coupon of 1.875%. The placement was 2.8 times oversubscribed as the order book reached €1.4 bn.
This company said that the placement confirmed bond investors' confidence in the company's credit profile. The net proceeds from the bond will strengthen the liquidity of the group.
Unibail-Rodamco is rated A with a stable outlook by Standard & Poor's and FitchRatings.
Click on the links below for information on Unibail-Rodamco's previous bond issues.
