The senior unsecured bonds will mature on July 3, 2030. The notes are expected to be rated Baa1 by Moody’s. The net proceeds of the offering will be used for general corporate purposes. The new bond provides financing at an attractive rate and will extend the company’s debt maturity profile.
Banca IMI, Bank of America, Citi, and Deutsche Bank acted as bookrunners. The bonds will be listed on the Official List of the Luxembourg Stock Exchange.