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CRBN Corbion N.V.

21.66
0.22 (1.03%)
Last Updated: 13:04:54
Delayed by 15 minutes
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 successfully completes subordinated US Private Placement of € 100 million

01/12/2021 6:00am

GlobeNewswire Inc.


Corbion N.V (EU:CRBN)
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Corbion successfully completes subordinated US Private Placement of € 100 million

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

  • 20211201 USPP_SubordNotes ENG

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1 Year Corbion N.V Chart

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