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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Corbion N.V. | EU:CRBN | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.22 | 1.03% | 21.66 | 21.64 | 21.68 | 21.90 | 21.50 | 21.60 | 44,973 | 13:04:54 |
Corbion has succesfully placed subordinated US Private Placement (USPP) Notes with 4 institutional investors. The issuance of €100 million consists of two tranches, €16 million at a fixed coupon rate of 1.77% and €84 million at a fixed coupon rate of 2.01% with maturities of 5 and 7 years, respectively.
The proceeds will be used to repay borrowings under the current € 300 million Revolving Credit Facility and for general corporate purposes. This program will further optimise the maturity profile of Corbion’s outstanding debt.
Attachment
1 Year Corbion N.V Chart |
1 Month Corbion N.V Chart |
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