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RCO Remy Cointreau SA

98.68
-0.32 (-0.32%)
28 Feb 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Remy Cointreau SA EU:RCO Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.32 -0.32% 98.68 98.00 100.50 100.10 98.16 99.32 49,843 16:40:00

Remy Cointreau Successfully Issues EUR380 Million Private Bond Placement

28/09/2023 5:15pm

Dow Jones News


Remy Cointreau (EU:RCO)
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By Pierre Bertrand

 

Remy Cointreau said it has successfully issued a non-listed and not-rated private 380 million-euro ($399.2 million) bond placement.

The bonds have maturities of 7, 10 and 12 years and a weighted average coupon of 5.58%, the company said.

Net proceeds will be used for general corporate purposes and the issue enables Remy Cointreau to enhance its funding flexibility, to diversify its financing and to extend the average maturity of its debt, it added.

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

September 28, 2023 12:00 ET (16:00 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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