Vivendi has placed a €700 million bond to refinance existing debt due in 2013.
The bond carries a maturity of seven years and one month and a 2.5% coupon. The proceeds will be used to refinance a bond with a 4.5% coupon initially issued for a seven-year period, due in October 2013. According to Vivendi, it also maintains the company’s average debt maturity profile of above years as of December 31 2012.
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19 June 2021 @ 12:34:00 UTC