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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Prosus NV | EU:PRX | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.815 | 2.65% | 31.625 | 31.51 | 31.90 | 31.925 | 31.375 | 31.375 | 3,058,093 | 16:40:00 |
From Apr 2019 to Apr 2024
By Adria Calatayud
Prosus NV said Wednesday that it has raised more than $2 billion in debt to fund potential future M&A activity, and to strengthen its liquidity position.
The Amsterdam-listed internet investor, which was spun out of Naspers Ltd. last year, said the debt issuances consisted of $1 billion in notes due 2050, its longest-dated U.S. dollar offering to date, 500 million euros ($585.8 million) in notes due 2028 and a further EUR500 million in notes due 2032.
Prosus said rhe offerings attracted strong investor demand and that this financing will be ratings-neutral for the company.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
July 29, 2020 03:31 ET (07:31 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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