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Name | Symbol | Market | Type |
---|---|---|---|
Fresenius SE and Company KGaA (PK) | USOTC:FSNUY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.155 | -1.91% | 7.96 | 7.75 | 8.05 | 7.97 | 7.8555 | 7.92 | 50,178 | 21:27:10 |
By Maitane Sardon
Fresenius SE & Co. said it has successfully placed bonds with an aggregate volume of 1 billion euros ($1.02 billion) on the market.
The German healthcare company said it has placed the debt product, whose proceeds will be used for general corporate purposes, across two tranches: EUR500 million bonds with a May 2026 maturity and an annual coupon of 4.25% and EUR500 million bonds with a November 2029 maturity and an annual coupon of 5.00%.
Fresenius has applied to the Luxembourg Stock Exchange to admit the bonds to trading and it anticipates the settlement date will be November 28, it said late on Monday.
Write to Maitane Sardon at maitane.sardon@wsj.com
(END) Dow Jones Newswires
November 22, 2022 01:32 ET (06:32 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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