Proximus lists €500m bond issue

Proximus bond listingBelgium’s Proximus has listed a €500 million bond issue on the Euronext Brussels stock exchange.

According to the former Belgacom, the 10-year institutional bond issue was heavily oversubscribed, with an order book in excess of €2.2 billion. The coupon stands at 1.875%, which the company said was the lowest coupon ever paid by Proximus. The operation was jointly conducted by BNP Paribas, ING Bank, J.P. Morgan, Crédit Agricole CIB and Lloyds Bank.

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