The bonds were sold at an issue price of 99.417 per cent and carry an annual coupon of 3.750 per cent. The settlement date has been set at April 3, 2023. The securities were placed with a broad range of institutional investors across Europe.
The senior unsecured bonds will mature on April 3, 2031. The notes are expected to be rated BBB+ by S&P. The net proceeds of the offering will be used for general corporate purposes.
ABN AMRO, Bank of America, Citigroup, ING Bank and Rabobank acted as joint active bookrunners. The bonds will be listed on the Official List of the Luxembourg Stock Exchange.
