Wolters Kluwer prices €500 million Eurobond
Wolters Kluwer (AMSTERAM: WLSNc)(OTC: WTKWY), a global leader of professional information, software solutions, and services, today announced that it has successfully priced a new €500 million seven-year senior unsecured Eurobond.
The bonds were sold at an issue price of 99.278 per cent and carry an annual coupon of
3.375 per cent. The settlement date has been set for March 20, 2025. The securities were placed with a broad range of institutional investors across Europe.
The senior unsecured bonds will mature on March 20, 2032. The notes are expected to be rated A3 by Moody’s. The net proceeds of the offering will be used for general corporate purposes.
ABN AMRO, Bank of America, Citigroup, ING Bank, Rabobank acted as joint active bookrunners. The bonds will be listed on the Official List of the Luxembourg Stock Exchange.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Electra Therapeutics files for proposed IPO
- Trinity Biotech faces Nasdaq delisting risk over market value
- Gulf Resources gets Nasdaq notice over late quarterly filing
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Citi, Maynard Um, Mark Zuckerberg, BofA/Merrill Lynch, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share