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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.

Tags: Belgium, Proximus