Listed real estate company Unibail-Rodamco has placed a 5-year bond maturing June 2017 for a total of EUR 500 mln.
Listed real estate company Unibail-Rodamco has placed a 5-year bond maturing June 2017 for a total of EUR 500 mln.
The bond will offer a fixed coupon of 1.625%, representing a record low level for a bond issued by the group and continuing the reduction in the Group's cost of capital. The placement was three times oversubscribed, the order book reaching over EUR 1.5 bn.
The net proceeds from the bond will strengthen the liquidity of the group.
