IMCD successfully issues a EUR 500 million rated bond

Written by

Written on Aug 29, 2024

Reading time 1 minutes

ROTTERDAM, The Netherlands (29 August 2024, 17:45 hrs CEST) – IMCD N.V. (“IMCD”) a leading distributor of speciality chemicals and food ingredients, today successfully issued a new EUR 500 million rated corporate bond loan with institutional investors.

Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.

This new EUR 500 million rated senior unsecured bond loan matures on 30 April 2030 and has a fixed coupon of 3.625%.

The bond will be traded on the EURO MTF market on the Luxembourg Stock Exchange and received a Baa3 rating by Moody’s and a BBB- rating by Fitch.

The proceeds of the bond loan issue will be used for general corporate purposes and further enhance the flexibility of IMCD’s capital structure.

Attached, the press release in PDF format and the main visual.

Attachments

Invezz.com partners with a wide range of publishers to ensure our readers get the most up to date news. The original press release was published here.

This article is a collaboration between our Editors and our Partners, and it may contain sponsored advertising content and links. The content is not intended as financial advice and is for informational purposes only.